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Gold Price Forecast: Can 10 Grams Hit ₹9 Lakh in Future Despite Current Dip? Analysis
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Gold Prices Plummet 21% from Peak: Experts Predict $10,000/Ounce by Decade End
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News18
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24-03-2026, 16:48
Gold Prices Plummet 21% from Peak: Experts Predict $10,000/Ounce by Decade End
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Gold prices have fallen by almost 21% from their January 2026 peak of $5,594.82, marking the largest weekly decline in 50 years.
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Despite the current 'Bear Market', experts like Ed Yardeni of Yardeni Research predict gold could reach $10,000 per ounce by the end of the decade.
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This short-term decline is attributed to temporary factors, not fundamental changes.
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Three key factors supporting long-term gold prices are geopolitical uncertainty, central bank gold purchases, and increasing Asian ETF investments.
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In Indian terms, $10,000 per ounce could translate to ₹9.3 lakh per 10 grams.
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