⚠️

​Caution Continues: A Strong U.S. Economy and Global Risk Reduction Threaten the Gold Rally in 2026

​While the fundamentals of gold remain intact, the ActivTrades report indicates that the main risks for the metal in 2026 are macroeconomic.

​The main risk factor would be an unexpected resistance from the U.S. economy that:

​Keeps inflation low.

​Improves the labor market.

​Delays monetary easing.

​This would increase the opportunity cost of holding gold. Similarly, if geopolitical tensions decrease and appetite for risk returns to stocks, flows into safe havens could reduce.

​#Gold #Risks #FED #USEconomy