Gold Prices Poised to Surge: 8 Key Indicators Point to Imminent Rise

Business
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News18•19-02-2026, 09:46
Gold Prices Poised to Surge: 8 Key Indicators Point to Imminent Rise
- •Bullion market experts advise buying gold now due to recent significant price drops, calling it a 'correction'.
- •Current prices: 10 grams of 24-carat gold at Rs. 1,54,200-1,54,500; 22-carat at Rs. 1,41,340, nearly 20% down from January highs.
- •Potential US-Iran conflict could drive gold prices up as investors seek safe havens.
- •India's wedding season and increased purchases due to price drops are boosting demand.
- •Global central banks, including Bank of China and RBI, are increasing gold reserves, further fueling demand.
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