Gold Jumps 2.8% After US Proposes 15-Point Middle East Plan
Gold's 2.8% pop on Middle East headlines reminds us why we stack in the first place. The 15% pullback since February created a massive entry opportunity that smart money took. Central banks never stopped buying during the dip - they added 290 tons in Q1 alone. COMEX registered gold sits near multi-year lows while paper shorts got squeezed today. This isn't about peace plans or war fears. It's about a monetary system under stress and gold reasserting its role as the ultimate hedge. The correction flushed out weak hands while institutions accumulated. Physical premiums stayed elevated throughout the selloff, proving real demand never wavered.