Editor’s Note
This article discusses a sharp forecasted decline in gold prices, with analysis suggesting a potential drop below the key threshold of ₹1 lakh per 10 grams. The views expressed are based on expert commentary. Readers should conduct their own research before making any investment decisions.
Gold prices are set for a significant decline, potentially falling below ₹1 lakh per 10 grams. The precious metal has already tumbled thousands of rupees from its recent record highs.
Market analysts and experts are predicting a continued downward trend for gold prices. They cite factors such as a stronger US dollar, rising bond yields, and shifting investor sentiment away from safe-haven assets.
The sharp fall from the peak indicates a major shift in market dynamics. Investors are advised to monitor global economic cues and central bank policies closely.
In a related development, silver prices have also corrected sharply, falling by approximately ₹1.90 lakh per kilogram from their all-time high. Analysts suggest the sell-off in precious metals is broad-based.