Gold may return to a bull market in 2027 as its long-term structural drivers remain firmly in place.<\/p>\n
The major trends that previously pushed gold prices to a record high of nearly $5,600 per ounce earlier this year remain important factors that investors should not overlook. Although gold has suffered its weakest quarter in more than a decade, Ian Samson, a multi-asset portfolio manager at Fidelity International, said the fundamental reasons supporting gold over the long term have not changed.<\/p>\n
Fidelity therefore plans to increase its gold exposure again when market conditions become more favourable.<\/p>\n
Samson revealed that Fidelity reduced its gold position from Overweight to Neutral between January and February, before the metal began correcting from its record high. Selling pressure later intensified following the outbreak of the Iran war.<\/p>\n
However, the portfolio adjustment reflected a short-term tactical view rather than a change in Fidelity\u2019s long-term conviction on gold.<\/p>\n
At present, Fidelity does not expect gold prices to surge immediately because bullish and bearish forces remain relatively balanced.<\/p>\n
Samson believes gold may end the year only slightly above its current level. However, looking ahead to 2027, the precious metal still has the potential to enter another Bull Market cycle.<\/p>\n
The key point is that the global macroeconomic environment has not changed significantly.<\/p>\n
As long as governments do not return to traditional fiscal discipline and central banks remain unable to bring inflation under firm control, the long-term Bullish Case for gold will remain intact.<\/p>\n
According to Samson, the current global environment is not one in which the positive investment thesis for gold has been fundamentally invalidated.<\/p>\n
Persistent fiscal deficits, inflationary pressure, concerns over sovereign debt, and uncertainty surrounding monetary policy may continue to support demand for gold as a Store of Value and Portfolio Hedge.<\/p>\n
From a Technical Analysis perspective, Samson believes gold may find near-term support around $4,000 per ounce.<\/p>\n
However, Fidelity would prefer to see clearer evidence of renewed strength before increasing its allocation.<\/p>\n
One initial Bullish Signal would be the 50-day Moving Average crossing above a longer-term Moving Average. Another would be gold reclaiming and holding above $4,300 per ounce.<\/p>\n
A sustained move above this level could indicate that upside momentum and buying pressure are beginning to return.<\/p>\n
From a Fundamental Analysis perspective, continued gold purchases by central banks remain one of the most important structural sources of support over the medium to long term.<\/p>\n
If major institutional buyers continue accumulating gold as part of their strategic reserve policies, this demand could place upward pressure on prices in the future.<\/p>\n
Central-bank buying is particularly important because it is usually driven by long-term objectives, such as reserve diversification, reduced dependence on individual currencies, and protection against geopolitical or financial-system risk.<\/p>\n
Fidelity International believes that gold\u2019s long-term Bullish Cycle may not be over, even though the precious metal has recently experienced a significant correction and one of its weakest quarters in more than a decade.<\/p>\n
The firm has temporarily reduced its gold exposure for tactical reasons, but its broader investment thesis remains positive.<\/p>\n
In the near term, traders and investors may closely monitor the $4,000 support area and the $4,300 resistance level for signs of renewed upward momentum.<\/p>\n
Looking further ahead to 2027, persistent fiscal pressure, inflation risks, uncertain central-bank policy, and continued strategic buying by central banks could allow gold to regain its position as one of the market\u2019s leading investment assets.<\/p>\n","protected":false},"excerpt":{"rendered":"
Fidelity Says Gold\u2019s Bull Market Is Not Over and Could Regain Leadership in 2027 Gold may return to<\/p>\n","protected":false},"author":3,"featured_media":1699,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41],"tags":[],"class_list":["post-1698","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gold-market"],"_links":{"self":[{"href":"https:\/\/www.signalxauusd.com\/index.php?rest_route=\/wp\/v2\/posts\/1698","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.signalxauusd.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.signalxauusd.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.signalxauusd.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.signalxauusd.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1698"}],"version-history":[{"count":1,"href":"https:\/\/www.signalxauusd.com\/index.php?rest_route=\/wp\/v2\/posts\/1698\/revisions"}],"predecessor-version":[{"id":1700,"href":"https:\/\/www.signalxauusd.com\/index.php?rest_route=\/wp\/v2\/posts\/1698\/revisions\/1700"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.signalxauusd.com\/index.php?rest_route=\/wp\/v2\/media\/1699"}],"wp:attachment":[{"href":"https:\/\/www.signalxauusd.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.signalxauusd.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.signalxauusd.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}