Gold prices have slipped below ₹1.60 lakh in the domestic market, surprising investors. The drop follows global price corrections, profit booking, and shifting market sentiment this week.
Global factors such as a stronger US dollar, rising bond yields, and easing geopolitical tensions have reduced safe-haven demand, pushing gold prices lower in international markets.
Experts say the correction may be temporary. Central bank buying, inflation concerns, and global uncertainty could still support gold prices in the coming months.
For investors, the dip may create a buying opportunity. Many analysts suggest gradual accumulation instead of large investments while markets remain volatile.
Market watchers now focus on upcoming inflation data and central bank policy signals. These factors will likely decide whether gold rebounds or continues its short-term correction.