Gold Price: Will it Fall to 70,000? Experts Reveal Crucial Insights for Buyers

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News18•06-02-2026, 20:35
Gold Price: Will it Fall to 70,000? Experts Reveal Crucial Insights for Buyers
- •Gold prices are fluctuating, raising questions about a potential drop to 70,000 rupees.
- •Three main reasons for the fall include a stronger US dollar, decreased fear of war, and a stable Indian Rupee.
- •A stronger dollar reduces international demand for gold as investors prefer the dollar.
- •Reduced geopolitical tensions lead investors to shift from gold (safe haven) to the stock market.
- •Experts suggest a fall to 70,000 is possible but won't happen overnight; advise a 'wait and watch' approach and buying in installments.
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