Gold Prices Plummet: Is Now the Right Time to Buy?

• Gold prices continue to fall, offering relief to buyers and investors.
• International market trends, strong dollar, and US interest rate hikes are driving the decline.
• Experts suggest buying in phases and monitoring market trends for long-term investments.
• 22-carat gold is 13,780 rupees, 18-carat gold is 11,315 rupees, and 1 kg silver is 239,029 rupees (excluding 3% GST).
• Investing in gold is seen as profitable alongside other avenues, according to Swarnashilpa Bachao Committee (SSBC).

Key Questions Answered

Why are gold prices falling despite its traditional safe-haven status?

Gold prices are falling due to a strong US dollar, rising inflation, and surging oil prices, which are dampening demand for commodities.

Is it wise to invest in gold now, given the current market trends?

It is not definitively wise to invest in gold now, as market trends are mixed and experts offer varied advice.

How much cheaper is 22-carat gold today compared to recent prices?

22-carat gold prices have seen significant drops, with one report indicating a fall of ₹133,790 per 10 grams in Mumbai as of March 23, 2026.