What's up with gold prices lately? My strategy, would love your thoughts

• •Okay, so I'm relatively new to this whole Gold IRA game – jumped in about six months ago after chatting with my financial advisor.
• •We saw a pretty decent run in March, then a dip, and now it seems to be consolidating again.
• •It's not like the stock market where I'm checking daily, but I do peek at the charts every few days.

Okay, so I'm relatively new to this whole Gold IRA game – jumped in about six months ago after chatting with my financial advisor. I've got roughly $75k of my old 401k rolled over into physical gold, mostly American Gold Eagles and some Canadian Maples, stored safely with Delaware Depository. As a lifer in the music biz here in Nashville, I'm used to seeing markets go up and down, but the recent volatility in gold has me scratching my head a bit. We saw a pretty decent run in March, then a dip, and now it seems to be consolidating again. It's not like the stock market where I'm checking daily, but I do peek at the charts every few days.

My initial strategy was pretty simple: long-term stability and inflation hedge. With all the talk about interest rates, inflation, and global uncertainties, it felt like the smart play to diversify out of just stocks and bonds. I'm not looking to get rich quick with gold; I'm 52 and thinking about retirement in 10-15 years, so this is about preserving wealth and giving my portfolio a solid foundation. My advisor suggested keeping about 10-15% of my total portfolio in precious metals, and I'm currently sitting at the higher end of that because I wanted to get a good chunk in while I felt prices were decent.

Here’s where I'm wrestling a bit: with gold hovering around its current levels, some folks are predicting a massive surge, others are talking about a potential correction. Part of me wants to allocate another $10k or so if there’s a dip, especially if it hits a point I feel is undervalued. But then I remember my original goal was stability, not trying to time the market. I'm already in for a significant amount for my age and circumstances. My personal opinion is that the general trend for gold is still upwards in the long run. There's just too much global instability and money printing happening for it not to be.

So, for those of you who've been doing this longer than I have, what are your thoughts on the current price movements? Are you buying, holding, or selling? Did you adjust your strategy over time, or have you stuck to your guns? Any insights on how you manage the emotional side of these fluctuations would be super helpful too. Sometimes I feel like I'm trying to read sheet music in a hurricane!