Gold Prices Plummet: Will it Hit ₹80,000 Soon? Middle East Tensions Impact Market

• Gold and silver prices have declined due to Middle East tensions, offering relief to the middle class.
• Despite global tensions usually raising gold prices, the Iran-America conflict has seen prices fall.
• Gold prices dropped significantly, with one sovereign falling by ₹7,600 to ₹1,01,360 on Monday.
• Experts predict gold could fall below ₹1 lakh per 10 grams if the war continues, with a 15% drop in March.
• US central bank's unchanged interest rates and a strengthening dollar divert investors to US bonds, making it a good time for gold buyers.

Key Questions Answered

Why did gold prices fall despite global tensions, unlike usual trends?

Gold prices have fallen despite global tensions due to a strong US dollar, already elevated prices, and central bank purchases.

How did the US central bank's interest rate decision impact gold prices?

The US Federal Reserve's interest rate cut on December 10, 2025, supported gold prices. The Federal Reserve reduced interest rates by 0.25% on December 10, 2025.

Is now the best time to buy gold jewelry, according to experts?

Based on the available information, experts offer mixed views on whether now is the best time to buy gold jewelry.