Gold Price Today in India:
Over the past three days, gold prices have dropped notably in India. The price of 24-carat gold has come down from ₹1,30,000 to ₹1,25,000 per 10 grams in the domestic market. Experts say this decline is linked to the international gold market, where prices have also fallen sharply.
In the U.S. market, the price of one ounce (31.2 grams) of gold has decreased from $4,395 to $4,000. Analysts suggest that investors are engaging in profit booking after a major rally earlier this year. Since January, gold prices had risen by nearly 58%, and this recent correction is being described as a technical adjustment.
The U.S. dollar has strengthened, reducing gold’s appeal as a safe investment.
Trade tensions between the U.S. and China have eased, leading to less global uncertainty.
Technically, gold was in an overbought position, which often leads to short-term price corrections.
In the global futures market, December gold futures have dropped to around $4,070, and experts warn that if prices fall below $4,000, they could further dip to $3,850–$3,945 per ounce.
Even though the short-term outlook seems weak, experts believe the long-term trend remains positive. Global banking leaders like HSBC and Bank of America have forecast that gold may reach $5,000 per ounce by 2026, while ANZ Bank expects prices to touch $4,600 in early 2026.
For now, analysts suggest that investors adopt a “buy on dips” approach using temporary price declines as opportunities to invest. However, experts also remind that this information is not financial advice, and buyers should consult their financial advisors before making investment decisions.
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