Gold Pullback Offers Strong Entry Point Amid Persistent De-Dollarization Trend, Says KMLM’s Prior

Jerry Prior, COO and senior portfolio manager at KraneShares Mount Lucas Managed Futures Index Strategy ETF (KMLM), views gold’s recent correction as an attractive entry opportunity. Although near-term pressures stem from a more hawkish Federal Reserve and easing Middle East concerns, the key long-term bull drivers stay intact, led by the structural global move away from the US dollar as the main reserve asset.