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No panic selling in Gold, fundamentals stay strong despite recent price dip: WGC

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No panic selling in Gold, fundamentals stay strong despite recent price dip: WGC

The World Gold Council (WGC) has reassured investors that the fundamentals of gold as an asset class remain “very strong” and will continue to be robust throughout the year, despite recent volatility triggered by the imposition of reciprocal tariffs by the Trump administration.
Sachin Jain, Regional CEO India at WGC, confirmed to news agency ANI that the recent decline in gold prices was anticipated and not the result of panic selling.
Over the past two to three sessions, gold prices have dropped by approximately USD 200 from their peak of USD 3,201 per ounce. Jain emphasized that this correction was expected and not indicative of widespread panic. He explained, “No, it’s not panic selling. There’s nothing of panic selling here right now. If panic selling would have happened, then this could have dropped like very high a percentage.”
Jain further clarified that the USD 100-200 drop in gold prices is not a dramatic shift, but rather a normal adjustment following geopolitical tensions and market fluctuations. “It was expected. It was actually being structured from a long period of time,” he added.
Despite the recent price movement, the WGC maintains that the fundamentals of gold remain strong, citing ongoing demand, particularly from central banks investing in ETFs, and geopolitical uncertainty that continues to drive gold’s appeal as a safe haven.
Gold prices have surged over 20 percent in 2025, with a 40 percent increase in the past year, largely due to strong demand and geopolitical instability. Central banks’ continued buying has also contributed to the upward trend in gold prices, especially in the last quarter of 2024 and early 2025.
While Jain did not speculate on where gold prices might head in the short term, he underscored the importance of considering gold as a long-term investment. “We think the fundamentals of gold are fairly strong,” Jain concluded, reinforcing that gold remains a reliable asset in uncertain times.





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