Gold Prices to Plummet by Rs 80,000? Russia's Decision Could Trigger Market Earthquake

• Gold prices, which recently surged past Rs 1.84 lakh, are now expected to fall below Rs 80,000 per tola.
• Russia's potential decision to sell its vast gold reserves to meet dollar needs is a key factor in the anticipated price drop.
• Historically, Russia avoided the dollar in international trade due to conflict with America, but is now reconsidering its stance.
• BRICS nations (India, China, Brazil, South Africa) were major gold buyers, but their demand may decrease if Russia uses the dollar.
• Experts predict gold prices in India could stabilize around Rs 80,000 by the end of 2027, advising a 'wait and watch' approach.