Precious metals at a turning point: cautious funds but the fundamental base remains solid

The precious metals market faces a mixed short-term outlook. While the strength of the dollar has limited the upward momentum of prices, consensus among financial institutions suggests that the long-term structural trend remains intact. Analysts warn that although investors have not aggressively capitalized on declines to build positions, underlying macroeconomic fundamentals will continue to support these assets.

Strong Dollar: Temporary Halt to the Rebound

The recovery of the US dollar has contained the rise in gold prices in recent sessions. This strengthening has limited the rebound potential that could occur in the absence of this currency pressure. However, experts point out that this is a short-term factor that does not alter the fundamental dynamics of the precious metals market.

Institutions Maintain Confidence in Precious Metals

Despite funds adopting a cautious stance during recent declines without making aggressive purchases at lower levels, major financial institutions maintain a positive outlook on the future performance of these assets. According to Jinshi data, the market continues to project a sustained upward pattern for precious metals in the medium and long term.

Fundamental Factors Provide Lasting Support

Analysts highlight that economic fundamentals remain a key support for gold and other precious metals. Global macroeconomic conditions, geopolitical uncertainty, and industrial demand sustain the demand for these assets as a store of value. This outlook suggests that the long-term bullish pattern for precious metals is likely to persist, regardless of short-term fluctuations caused by currency movements.