Gold Approaches Bear Market as Bottom Fishers Pile In Amid Global Uncertainty

Value investors see opportunity as precious metal enters correction territory\n\nGold is approaching bear market territory even as bottom fishers rush to buy the dip amid global economic uncertainty.\n\nThe contradictory market action — gold falling while safe-haven demand should be rising — reflects the complex dynamics of the current environment: a strong dollar, rising real yields from potential Fed rate hikes, and the Iran conflict creating competing forces.\n\nDespite the sell-off, many investors see gold's decline as a buying opportunity, betting that geopolitical risks will eventually push the metal higher.\n\nSource: Wall Street CN (华尔街见闻)