Gold (XAUUSD) & Silver Price Forecast: Safe-Haven Exit? Why Gold is Diving - FXEmpire

The futures market is getting hammered but physical dealers aren't budging on premiums. This tells you everything about the real supply situation. COMEX registered inventory sits near multi-year lows while ETF outflows create paper selling pressure. Meanwhile central banks added another 77 tonnes in October according to latest World Gold Council data. The divergence between paper and physical markets is widening exactly like we saw in March 2020. Smart money knows the difference between leverage unwinding and actual metal changing hands. These paper dips just create better entry points for stackers who understand the fundamentals haven't changed. Dollar strength is temporary. Monetary debasement is permanent.