Gold Prices to Plummet to 80,000: When to Expect the Drop?

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News18•23-02-2026, 16:46
Gold Prices to Plummet to 80,000: When to Expect the Drop?
- •Analysts predict gold prices could fall to 70,000-80,000 rupees per 10 grams by late 2027.
- •Key factors for the potential drop include Russia re-prioritizing the US dollar and selling its gold reserves.
- •An end to the Russia-Ukraine war and reduced gold buying by BRICS nations could also drive prices down.
- •Recent gold price hikes were due to international instability and central bank buying, especially by BRICS countries.
- •Experts advise careful planning for gold purchases, as prices are sensitive to global crises.
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