Gold Prices Need A Big Correction While the gold demand is much greater than last year, especially in China where investors are worried about a possible Evergrande collapse, its seems the markets are not reflecting it.
Even when gold demand is much higher in Asia and Europe than last year, the futures markets are not reflecting it.
The low gold price not in line with "Supply/Demand" Fundamentals is one reason why gold should be up, not down, and a big correction is needed.
The high demand is why gold should be rewarded, not punished like they are experiencing now.
Source: USA Gold - https://www.usagold.com/daily-gold-market-report/