Gold Prices Fall ₹330 This Week; Experts Advise Buying

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News18•07-12-2025, 15:04
Gold Prices Fall ₹330 This Week; Experts Advise Buying
- •Gold prices experienced fluctuations this week, with a slight overall decline of ₹300-₹400 for 10 grams of 24-carat gold.
- •Initial price pressure was due to Federal Reserve interest rate policies strengthening the dollar, which typically reduces gold demand.
- •Prices later rebounded, supported by positive US economic reports and geopolitical tensions, reinforcing gold's safe-haven appeal.
- •The current decline is viewed as a buying opportunity, with experts forecasting short-term stability and strong long-term performance.
- •Demand in the Indian jewelry market remains steady, influenced by factors like rural crop sales.
Why It Matters: Gold price dip offers a buying opportunity for investors.
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