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News1823-02-2026, 18:34

Gold Price Drop to 80,000 Rupees? Experts Predict Major Fall by 2027

  • Gold prices, currently soaring, could drop to 80,000 rupees per tola by 2027, according to market experts.
  • Recent surge driven by global economic instability and massive gold purchases by central banks, especially BRICS nations reducing US dollar dependence.
  • Potential price drop factors include Russia possibly increasing US dollar use, an end to the Russia-Ukraine war, and reduced gold buying by major nations like China and India.
  • Bloomberg forecasts Indian gold prices could fall to 70,000-80,000 rupees per 10 grams, with a gradual decline expected.
  • Buyers advised to plan purchases carefully, as gold reacts strongly to global crises; stability expected by end of 2027.

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