Gold Prices Plunge: Can 10 Grams Hit Rs 1 Lakh? Experts Weigh In

• Gold prices saw dramatic fluctuations, reaching a record high of Rs 1,80,779 in January on MCX.
• Recent drops include a Rs 24,500 fall to Rs 1,56,200 and a further decline to Rs 1,54,937.
• Speculation arises whether 10 grams of gold could realistically fall to Rs 1 lakh.
• Experts cite international market pressure, interest rate hikes, stock market stability, and profit booking as reasons for potential correction.
• A fall to Rs 1 lakh is not impossible but depends on geopolitical situations, dollar trajectory, central bank policies, and domestic demand.