My thoughts? There could be some tax law selling, but what I suspect has happened, for a long time, is there has not been a long steady multi year rise in Gold Prices since the 2011 and 2012 highs of $1800 and $1900.
Since that time, Gold hit $2000 in 2020, 2022, early 2023, and recently, fourth time, made a highest of all highs at $2150. So I think Gold is way past due for a multi year climb, and its coming very soon, after going past $2200 its going to continue climbing like the 2009 to 2012. era, and the miners should do great.