Precious Metals: Bullish Thesis Warrants Buying The Dip

Shubhm Mitessh Thakkar393 FollowersFollow5ShareSavePlay(16min)CommentsSummaryGold and silver remain in a secular bull market, with recent pullbacks presenting attractive entry points for long-term investors.Structural demand-supply imbalances, particularly surging investment and central bank demand, underpin the bullish thesis for both metals.Investor allocations to gold and silver remain historically low, suggesting the trade is far from crowded and has significant upside potential.I maintain long-term price targets of $15,000/oz for gold and $390/oz for silver by 2032–2033, driven by monetary debasement and under-ownership. Ravitaliy/iStock via Getty Images Brief Overview Metals have shone bright not only over the past year but also on a year-to-date basis, in spite of the flash crash or sharp pullback seen in the past couple of days. The returns of the metals pack are asThis article was written byShubhm Mitessh Thakkar393 FollowersFollowI am Shubhm Thakkar, an MBA student at the Indian Institute of Management—Indore. I cleared the CFA Level 1 examination that was held in May 2023 and the CFA Level 2 conducted in November 2024. I am also a candidate for the CFA Level 3 examination to be held in February 2026. IIM Indore consistently ranks in the Financial Times Top 100 Schools for MBA/ MiM.I have experience publishing on Seeking Alpha as part of my internship at Que Capital, which was a subsidiary of AlmaStreet Capital LLC—an entity that previously published on this platform. At AlmaStreet, I followed a GARP Approach - Growth At a Reasonable Price. I intend to use the GARP approach and a Value Investing approach to write my reports on Stocks and ETFs, varying depending on the industry that the stock is a part of and the stage of the business cycle.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in SILJ over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. I have long positions in Gold and Silver ETFs in Indian markets.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.