Gold Prices Plunge by ₹20,000 Pre-Budget: Buy Now or Wait for Policy Changes?

• Gold prices have dropped by approximately ₹20,000 recently, sparking market interest.
• Experts attribute the fall to global market weakness, a stronger dollar, and investor profit-booking.
• 24-carat gold is currently priced between ₹16,900 and ₹17,200 per gram in many cities.
• Uncertainty surrounds the budget, with potential tax or import duty changes impacting future prices.
• This presents a significant opportunity for buyers, but budget announcements could lead to further fluctuations.

Why It Matters: Pre-budget gold price drop offers a buying opportunity, but future prices hinge on budget announcements.