Given the current market trends, when do you think gold prices will drop? Any idea?
Aren’t we all wondering the same thing? Looking at current trends gives us some clear signals. Over the last 9 months, gold has climbed from around ₹78,000 to over ₹1,13,000. And that kind of shift doesn’t reverse overnight.
So, coming to the main question, when should the price actually fall? From what I’ve gathered, gold prices will only decrease if a few conditions line up:
- US inflation drops more quickly than expected.
- Recession concerns in the US have gradually faded away.
- No fresh geopolitical tensions emerge.
If these factors shift, prices will likely go down. But for now, the momentum is clearly in favour of gold.
Although it’s impossible to predict the gold rate, from my perspective, we might see a dip in the coming days. However, the gold market totally depends on the global economy, geopolitics and demand and supply factors.