Gold Prices Dip (And Why Experts Say 'Buy the Dip'!) | The Gold Spot

Following President-elect Trump’s commanding victory, gold prices have experienced a slight retreat. This pullback is raising serious concern among investors who have been treated to a nearly unimpeded rally throughout most of 2024.

A look back at Trump’s first term reveals a similar gold price action. After the 2016 race, the yellow metal dipped by around 11% before pumping into one of the largest periods of growth in recent memory.

Additionally, big banks and financial analysts maintain a positive outlook, with many encouraging investors to buy the dip. The key fundamentals driving gold’s rally reinforce this bullishness.

De-dollarization, geopolitical tensions, rising national debt, and growing gold demand by central banks, especially from BRICS nations, remain firmly in place. This moment presents an opportunity for those looking to strengthen their position before the price of gold climbs again.

Watch this week’s The Gold Spot to hear Sr. Precious Metals Advisor Steve Rand and Precious Metals Advisor Joe Elkjer explain what’s happening with gold prices, what experts are predicting, and which fundamentals have remained unchanged.

🔗 Read more at: https://www.sbcgold.com/blog/gold-prices-dip-blip-before-the-next-big-rally/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_11132024

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📈 See Live Gold and Silver Spot Prices:
https://www.sbcgold.com/charts/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_11132024

🔗 Get Gold Bullion Bar Prices:
- https://www.sbcgold.com/buy-gold-and-silver/buy-gold-bars/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_11132024

🔗 Get Silver Bullion Bar Prices:
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⭐ @sbcgold Precious Metals Advisors in this The Gold Spot video:

👤 Steve Rand: https://www.sbcgold.com/about/steve-rand/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_11132024

👤 Joe Elkjer: https://www.sbcgold.com/about/joe-elkjer/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_11132024