Gold going to collapse ? Possible ?

[tExtra]

Gold was supposed to be a safe haven yet its far more volatile than even the S&P500 now, the speculators have taken over, I suspect many will be wiped out very soon.

Moi was licking on my wound..

 

[ZhouXingXing]

now its correction where part of profit taking place and effect of optimism over trade tensions this coming Thursday..

tbh.. not anywhere near crash lor so an la

 

[coyote]

Everyone all rushing to buy gold now. Will gold prices collapse ?

Last time people say when ah peh ah soh and even beggars also rushing into stock market, a crash will be coming soon.

 

[JivBunny]

It has dropped around 10% (from ATH last week) and likely to be supported at the 3700-3800/ounce point. Likely to move sideways before moving up again. Many say 5k or 6k or even 7k by end of 2026.

But I say, don’t buy bcos everyone is buying. If you don’t understand, then don’t go in.

 

[wongminmin]

Unless the top 6 countries gold reserves started selling off their gold reserves.... then it will plunge below 3900

Once it broke $4000, the support is super strong to go below 3900

the consumer confidence data is better than forecast, so cause another wave of selling just now..... i got feeling gold price will go up till fomc

 

[sellbuyboy]

i have a question. what % drop happened before, based on trend data?
50% drop before?

 

[wongminmin]

i have a question. what % drop happened before, based on trend data?
50% drop before?

gold been rising for the past 2 years.
The only major drop i encounter is when trump elected....gold price dip $300, people was selling their gold to pump into market.. else basically just some small correction.

 

[focus1974]

all liquid investment assets is like this one lah.

hype...pump....dump.... rinse and repeat.

basically when there's no more buyers left, it will go down
and when there's no more sellers left, it will go up as long as it's a recognized business or asset

 

[Parkranger99]

Gold price drop now is good time to get some

Just buy
keep at home and admire

 

[greenitude]

Sell all and buy back when it drop 20% more, then you can have 20% more gold!

 

[animeonegai]

Collapse means drop to 5% value. Sure bo?

 

[Ironside]

It has dropped around 10% (from ATH last week) and likely to be supported at the 3700-3800/ounce point. Likely to move sideways before moving up again. Many say 5k or 6k or even 7k by end of 2026.

But I say, don’t buy bcos everyone is buying. If you don’t understand, then don’t go in.

I will only buy at 2000

 

[TA20222025]

 

[Emperor_Hippo]

Everyone all rushing to buy gold now. Will gold prices collapse ?

Last time people say when ah peh ah soh and even beggars also rushing into stock market, a crash will be coming soon.

go up until $4000, then drop to $3999.

yah. $1 drop still counted as drop. never mind before that jumped $3900.

 

[Emperor_Hippo]

I will only buy at 2000

no $1000 no tok.

$3000+ is still macam liquid hot liao.

 

[spinning_quirK]

The money printing is so bad now.

The "useless" money needs to be stored somewhere long-term: gold, properties, cryptocurrencies.

When gold prices are rising while the supply of gold is steady, it just means the value of our banknotes is plummeting.

 

[Ironside]

no $1000 no tok.

$3000+ is still macam liquid hot liao.

Gold came from outer space

 

[I_m_limpeh]

Gold price at the jewelry shops all refuse to drop despite the fall in gold price.

 

[touchring1]

Gold price at the jewelry shops all refuse to drop despite the fall in gold price.

Be patient. Dollar going up.

 

[Parkranger99]

Gold price at the jewelry shops all refuse to drop despite the fall in gold price.

Ya

When want to sell your gold
They will say buy low cos gold price drop