After a brief turbulence caused by a tariff ruling from the Supreme Court, the gold market demonstrated remarkable resilience. According to data from Jin10, bullish sentiment quickly reaffirmed among investors, reversing the initial price decline.

John Weyey, a commercial hedging specialist at Walsh Trading, offers a key perspective on this dynamic: although the tariff decision eliminated some political uncertainty, gold maintains a genuine upward momentum. The upward trend has persisted for six consecutive months, driven by a sustained buying strategy among market participants.

From this analyst's point of view, buyers will continue with their current strategy as long as no concrete reversal signals appear. The interesting thing is that, beyond political volatility, underlying risk factors continue to support gold prices. The market has shifted its focus from the current news to the structural fundamentals that keep investor interest in the precious metal alive.