Gold’s most extreme drawdowns signal tactical reassessments, not durable regime shifts – WisdomTree’s Gannatti

(Kitco News) – Gold’s sharp selloff on January 30 – after reaching the edge of $5,600 per ounce – appears to be a positioning and volatility reset rather than a rejection of gold’s long-term investment case, according to Christopher Gannatti, Global Head of Research at WisdomTree.In a detailed analysis, Gannatti wrote that the recent price plunge, though extreme, was consistent with prior liquidity-driven repricing episodes.