Gold Prices Plummet: Great News for Buyers and Investors

Business
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News18•09-02-2026, 13:54
Gold Prices Plummet: Great News for Buyers and Investors
- •Gold prices experience a significant fall after an upward trend, offering relief to buyers.
- •The price drop is attributed to a decrease in international gold prices and a weaker dollar.
- •Experts suggest buying gold in phases for long-term investment due to potential market volatility.
- •Reasons for the fall include reduced safe-haven demand and uncertainty regarding interest rates.
- •Today's 22-carat gold price was 14,445 rupees, and 18-carat was 11,860 rupees (excluding 3% GST).
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