Gold Price Prediction: Will Gold Fall by Rs 40,000? Sensational Forecast for Buyers!

• Global strategist Amit Goyal predicts a potential fall in gold prices by Rs 40,000 per tola by October 2026.
• The forecast suggests gold could drop to $3,800 per ounce internationally, translating to Rs 1.2 lakh per tola in India.
• Monday's performance is crucial: if gold fails to regain $4,900, a long-term decline is expected.
• Strengthening US dollar and potential interest rate hikes could reduce gold's appeal as a safe haven, driving prices down.
• Investors are advised caution, while buyers are encouraged to wait for stabilization, as small increases might be 'dead cat bounces'.

Why It Matters: Gold prices could significantly drop by October 2026, offering a buying opportunity but warning investors.