Gold Price Prediction: Will Gold Prices Reach ₹70,000? Experts Weigh In

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News18•05-02-2026, 12:18
Gold Price Prediction: Will Gold Prices Reach ₹70,000? Experts Weigh In
- •Gold price fluctuations are causing dilemmas for buyers, especially during the wedding season.
- •Market experts predict a potential drop in gold prices, possibly reaching ₹70,000 per ounce.
- •A strengthening US dollar due to economic policies under Donald Trump is putting pressure on gold prices.
- •Reduced global fear of war is leading investors to shift from gold to the stock market, causing 'profit booking'.
- •Experts advise buying gold gradually during price dips rather than making hasty bulk purchases.
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