Gold Prices Dip from Peak: Will Christmas Spark a Rebound? Experts Weigh In

Business
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News18•23-12-2025, 18:24
Gold Prices Dip from Peak: Will Christmas Spark a Rebound? Experts Weigh In
- •Gold prices fell 1,300 rupees from their peak, now at 1,34,206 rupees on MCX, despite a 70% rise in 2025.
- •The Christmas holiday week (December 24-26, 2025) is causing a market slowdown and reduced trading activity globally.
- •Renisha Chainani of Agmont predicts gold will stay near 135,000 rupees, with potential 2-3% fluctuations around this level.
- •Silver saw profit-taking, with March futures at 208,000 rupees; an upward trend is expected if prices remain above 194,000 rupees.
- •Geopolitical tensions, strong demand, Bank of Japan's rate hike, and Goldman Sachs' $4,900/ounce prediction by December 2026 support long-term gold price increases.
Why It Matters: Gold prices dipped but long-term outlook remains strong due to global factors and expert predictions.
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