Gold Prices Plunge 10% in a Week: First Time in 43 Years! What's Next?

• Gold prices have seen a massive 10 percent decline in the last week, marking the biggest weekly fall in 43 years since 1983.
• The drop is attributed to the US-Israel war against Iran, the American central bank 'Fed' maintaining high interest rates, and the appreciating dollar.
• Globally, gold prices have plummeted by 20 to 25 percent since their peak in January 2026; in India, gold is 16 percent cheaper since January.
• Experts predict gold prices will remain under pressure until June 2026, with no significant increase expected in the near future.
• While central banks are buying gold, experts advise caution for large investments, suggesting it's a good time for long-term but not immediate large purchases.