Dutch International: The gold pullback is seen as corrective, the decline is expected to attract new buying interest.

Analysts at the Dutch international group say that the recent drop in gold appears to be a corrective pause rather than the beginning of a deeper decline. The short-term price trend of the precious metal remains highly sensitive to fluctuations in the US dollar and overall risk appetite. However, with Asian market liquidity returning to normal and macroeconomic uncertainty persisting, basic demand is expected to strengthen. "Further declines may attract new buying interest," these analysts say. New York futures rebounded in early trading as investors bought on the dip after two consecutive days of gold price declines, but they remain significantly below the $5,500 mark reached earlier this year.