‘Bull Trend to Resume’: Goldman’s Kim Urges Scaling into Gold Longs Near $4,000 Pre-FOMC

Anthony Kim, Global Head of Metals Trading at Goldman Sachs, sees gold’s recent underperformance as an elongated pause rather than the end of the bull market. Despite the January all-time high of $5,589.38 per ounce, fresh highs lie ahead in the medium term. The seven-month pause stems from uncertainty over new Fed Chair Warsh’s policy tilt and the Iran conflict disrupting reserve recycling.