I review a lot of articles daily about gold prices. Generally they all say the price of gold will continue to drop. Unless it doesn’t.
About half the articles talk about the gold drop, why it’s dropping, and why it will continue to do so.
The other half have a positive outlook and feel gold will bounce back.
Obviously the World Gold Council has an interest in gold prices increasing but these articles are indicative of what I see every day. I think the lesson here is: No one knows what will happen. Just keep an eye on spot prices and manage your business on a day by day basis.