BUY THE GOLD DIP Wells Fargo says the recent pullback in gold is a healthy correction after a sharp rally. Spot gold is down over 10% from its late-January record, driven by profit-taking after prices rose more than 30% above the 200-day average. The bank raised its 2026 gold target to $6,100–$6,300, implying 20%+ upside, citing geopolitical risks, market volatility, and strong central-bank demand.