Gold Price Forecast: Buy Below $4,000 Or Risk Missing The Next Rally? - FXEmpire

AI desk brief

FXEmpire’s featured gold call frames the recent >28% pullback from January’s $5,595 record as a buy-the-dip opportunity, with The Gold & Silver Club projecting a base-case recovery to $4,900-$5,000/oz by Q1 2027. From below $4,000, that implies more than 25% upside; if gold first rallies to $4,400, the remaining upside to $5,000 narrows to about 13.6%.

The article argues the selloff is occurring alongside still-solid underlying demand: physically backed gold ETFs took in $10bn in September, lifting Q3 inflows to a record $31bn and holdings to 4,256t, while COMEX managed-money net longs fell by 84t in September. Central banks also remained active, with net purchases of 39t in August and China adding 23t in September, its 23rd straight month of buying.