Gold Prices Plummet: Great News for Buyers and Investors
Business
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News1809-02-2026, 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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