Gold’s Glitter Dims, But Analysts Say the Shine Isn’t Gone Yet
Small Caps·2025-11-18 22:27
Gold has hit a rough patch this month, but leading analysts believe the weakness is only temporary. According to Goldman Sachs, the recent dip is more of a short-term correction than the beginning of a prolonged downturn.Despite the current softness, 2025 has been an exceptional year for gold. The metal surged nearly 75% year-to-date, reaching an all-time high of US$4,336 per ounce on October 30.Since then, prices have slipped about 6%, trading around US$4,062 on Tuesday.What’s Behind the Pullback?One major ...