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Gold Prices Plunge Amid Geopolitical Tensions: Is This the Right Time to Buy?
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News18
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25-03-2026, 15:30
Gold Prices Plunge Amid Geopolitical Tensions: Is This the Right Time to Buy?
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Gold and silver prices have fallen significantly following joint attacks on Iran by America and Israel, bringing relief to the middle class.
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Despite global tensions usually increasing gold prices, the Iran-America conflict led to a drop due to increased demand for the dollar.
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Gold prices saw a substantial drop on March 24, with one gram falling to 12,670 rupees, though prices fluctuated throughout the day.
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Experts predict gold prices could fall below 1 lakh rupees per 10 grams, with a 15% drop in gold and 25% in silver in March.
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With the US Federal Reserve keeping interest rates stable, investors favor US bonds over gold, making it an opportune time for gold buyers.
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