Gold Prices Seesaw as Market Recovers from Historic Meltdown

Institutional Reset

Hedge funds slashed their bullish gold wagers by 23% this week, marking the lowest positioning in 15 weeks. This massive deleveraging event followed a spike in volatility that forced professional capital allocators to recalibrate their risk models.

Central Bank Floor

Despite the speculative rout, structural support remains. Central bank diversification away from dollar-denominated assets continues to provide a long-term bid, with retail demand in China and India reportedly surging on the price dip.