Gold Pullback Worth Watching?

[Tucker Walton]

Gold has pulled back as stronger inflation concerns and expectations of higher interest rates have supported the US dollar, reducing demand for non-yielding assets in the short term.

That said, central banks continue adding to their gold reserves, suggesting long-term confidence in the metal remains intact despite recent volatility.

For me, this looks like a market to watch rather than chase. If rate expectations ease, gold could regain momentum, but for now I'm staying patient and letting price action lead the way.