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India's Gold Price Plummets: Will It Fall Below ₹1 Lakh?
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Gold Prices Plummet: Will Yellow Metal Drop Below 1 Lakh? Experts Weigh In
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News18
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16-03-2026, 12:09
Gold Prices Plummet: Will Yellow Metal Drop Below 1 Lakh? Experts Weigh In
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Gold prices are falling rapidly after reaching record highs, sparking questions about a potential drop below 1 lakh rupees.
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International price fluctuations, central bank policies, and decreased global demand are key factors driving the decline.
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Investors are shifting from gold to other assets as the global economic situation stabilizes, contributing to the price drop.
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Current prices: 22-carat gold at 14,840 rupees, 18-carat at 12,180 rupees, and 1 kg silver at 258,060 rupees (+3% GST).
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Experts suggest this could be an opportune time for long-term gold investment, though market conditions can change rapidly.
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