Gold prices for 24K purity dropped to ₹15,200 per gram following the latest IBJA fix, though MCX data suggests a potential recovery within the same trading day.
Market analysts are monitoring five key factors, including global inflation and currency strength, that could push gold prices toward the ₹160,000 per 10g mark in the near future.
Despite the recent dip, gold remains a volatile asset, with futures trade showing a decline of ₹431, snapping a two-day winning streak for the precious metal.