The Real Reason Gold Turned This Week, and Who's Quietly Buying | This Week In Focus

Gold is described as having just posted its worst quarter in more than 13 years before rebounding sharply back above $4,100/oz after the new Fed chair signaled a possible easing bias. The key tradeable takeaway is that the selloff may have been a flush, not a trend change, with policy expectations now doing much of the heavy lifting for the rebound. The segment says central banks “never stopped buying,” reinforcing that official-sector demand remains a structural support even during price weakness. Kitco’s panel — Rick Rule, Jeff Sarti, and Chris Vermeulen — is framed around whether the correction is over and whether gold is again a buy, with the discussion likely centered on what actually turned the market and who is still accumulating quietly. Near term, the focus is on whether the Fed rhetoric translates into lower real rates and sustained follow-through above $4,100. If easing expectations continue to build, bullion should stay bid; if the market decides the move was overdone, gold could retest lower support quickly. The upcoming live appearance from Rick Rule’s natural resource investing symposium is an additional catalyst for sentiment around the broader mining complex.