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Gold Correction Is Just a Pause in Bull Market, Miners Undervalued - Ninepoint's Wachowiak

7/12/2026 · Kitco News

According to Ninepoint Partners senior portfolio manager Nawojka Wachowiak, gold’s recent decline represents only a temporary pause within a longer bull market. Structural drivers such as central bank buying and geopolitical risks stay intact despite near-term pressure from higher US rates and a firmer dollar. The firm’s mid-year outlook describes the move as a healthy correction that cleared speculative positions and laid a stronger foundation for the next advance.

Source: Kitco News