Should You Buy Gold After Its Price Pullback?
Gold has retreated about 15% from its start of the year peak of $5,589 an ounce and is now trading near $4,700. For long-term investors, this kind of decline within an ongoing bull market has historically been more of an entry point than a warning. The key forces that pushed gold higher, like persistent inflation, strong central bank demand, currency debasement, and geopolitical uncertainty, are still firmly in place. Market corrections like this are not unusual, especially given that gold has never moved in a straight line. During the 2008 financial crisis, prices dropped sharply before rallying to new highs…