Buy Gold On Pullbacks Bnp

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Buy Gold On Pullbacks Bnp

Buy Gold On Pullbacks In 2026 - BNP

According to BNP Paribas, investors should buy Gold every time it makes a pullback after a sharp correction in prices. This comes at a time when Gold is already at record highs amid rising geopolitical tension and weak economic conditions around the world.

BNP Paribas added that any correction in the Gold prices should be completely normal. After all, Gold has rallied so much in 2025 and is expected to do the same in 2026. So in this Gold bull run, any sharp correction should be viewed as a buying opportunity.

Correction In Gold Prices Is Due To Positioning

The bank thinks that the corrections in the Gold price are mostly due to positioning. In fact, the decline in Gold prices has nothing to do with deterioration in the fundamental outlook.

In the year 2026, the Gold prices will mostly remain supported due to investor demand and high geopolitical risk. They commented on how the economic uncertainty also remains high, which also supports Gold.

Also, the Gold will continue to get its support from the retail investors who seek currency and inflation hedges. If we look back, the strong performance of Gold in 2025 is a key reason why more retail investors are now interested in Gold.

Considering all of these things, BNP Paribas added that any pullbacks will actually ease the stretched valuations. So, this will, in turn, create an opportunity for the investors to re-enter long positions.

Also, the rates are expected to decline this year in the USA, UK, and several other major economies. So, that's also a development that will support further upside in the Gold.

In general, periods of low interest rates are beneficial for gold prices, and we are likely to see it in 2026 too.

When we consider the fundamentals, it becomes clear that Gold prices can easily reach $6000 in 2026. In fact, there's a chance that Gold prices might even cross that level and reach new highs this year.

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