Gold Price Prediction: Will Gold Hit ₹70,000 Per Tola? Experts Weigh In

M
Moneycontrol•05-02-2026, 17:11
Gold Price Prediction: Will Gold Hit ₹70,000 Per Tola? Experts Weigh In
- •Gold prices are fluctuating, leading to uncertainty among investors about future trends.
- •Experts suggest that a further decline in gold prices is possible, influenced by a strengthening US dollar due to economic policies and Donald Trump's growing influence.
- •Reduced global tensions, particularly the Russia-Ukraine war and Middle East uncertainty, are causing investors to shift from gold to the stock market, leading to profit booking.
- •While a sharp decline is possible if gold breaks key international support levels, experts believe a gradual fall is more likely.
- •A strengthening rupee against the dollar could make gold imports cheaper, further pressuring domestic prices.
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