DoubleLine Capital CEO Jeffrey Gundlach is calling the recent correction in precious metals a strategic entry point, urging investors to view the current “revaluation phase” as a chance to increase exposure.

A Strategic Reentry Point

Following a period of intense market volatility amid Iran-U.S. war, Gundlach, also known as the “Bond King,” believes the dust is settling in a way that favors gold bugs.

Despite a dramatic slide from recent highs near $5,500 down to the $4,400 level, Gundlach remains steadfast in his long-term thesis.

“At this level, I think it's a ‘very good opportunity' to add to gold and to add to commodities,” Gundlach stated in a recent CNBC interview.

He noted that while the market’s move to $5,500 actually exceeded his own aggressive forecasts from last year, the current retracement brings the metal back to a sustainable valuation.

Navigating The ‘Revaluation Phase'

The shift in gold prices comes as the broader market enters what Gundlach describes as a “revaluation phase.”

While risk assets and corporate credit have faced pressure—with high-yield spreads widening by ...