Hot Take: Gold may underperform in the next few months but is poised to up in the next few years.

Hot Take: Gold may underperform in the next few months but is poised to up in the next few years. Gold has come down significantly from its peak of 5500 earlier this year now trading at around 4100. First off the decline was warranted. Gold ran up WAY too much before the start of Iran war. For an asset class worth close to $25 trillion to rally $1000 in two weeks(happened in January) is an indication of an over extended trade. Having said that futures market isn’t the full picture and hold deman