Gold rises on dip-buying, set for fourth weekly loss as rate hike bets weigh

Rate hike fears are creating the exact conditions stackers dream about. Fourth weekly loss sounds scary until you realize we're still sitting at $4532 gold. The market is pricing in monetary tightening that may never materialize at these levels. Meanwhile, central banks added another 800 tons globally in 2023 and haven't slowed down. Every dip gets bought because the smart money knows where this ends. The COMEX registered gold sits at multi-decade lows while paper traders chase rate narratives. Physical demand from Asia remains relentless. These weekly losses are just noise against the backdrop of currency debasement that's already baked into the system.