Gold prices in India have witnessed a sharp correction over six sessions, falling by more than ₹1.51 lakh per 100 grams. With global tensions and market volatility in play, investors are now watching closely- will prices rebound or dip further?
Over ₹1.51 Lakh Drop in Six Sessions Sparks Rebound Debate
New Delhi: Gold rates in India continued their downward trajectory on March 25, marking the sixth consecutive session of decline. The yellow metal has seen a steep correction over the past week, slipping from ₹15,742 per gram for 24K gold on March 18 to ₹14,291 per gram in the latest session.
This consistent drop reflects a significant shift in short-term market sentiment, raising concerns among investors and buyers alike.
In bulk terms, the fall has been even more striking. The price of 100 grams of 24K gold has plunged by ₹1,51,700 during this six-session period. Such a sharp correction in a short span highlights the volatility currently gripping the bullion market.
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Daily declines have remained moderate, but the cumulative impact has been substantial.
As of the latest session:
24K gold is priced at ₹14,291 per gram, down ₹38
22K gold stands at ₹13,100 per gram, lower by ₹35
18K gold is at ₹10,719 per gram, slipping ₹28
Across all categories, prices for 8 grams, 10 grams, and 100 grams have also declined, indicating a broad-based correction.
International gold prices have remained volatile, hovering near $4,400 per ounce. Ongoing geopolitical tensions, particularly surrounding the Middle East, have added uncertainty to global markets.
Conflicting signals around possible diplomatic developments have further contributed to fluctuating investor sentiment, keeping gold prices unstable.
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Market experts suggest that the recent fall may not necessarily signal a long-term downtrend. Instead, it could be a temporary correction within a broader supportive environment driven by inflation concerns, fiscal pressures, and global uncertainty.
While short-term volatility may persist, gold’s role as a safe-haven asset continues to underpin its long-term appeal.
Disclaimer: This article is for informational purposes only and should not be considered financial or investment advice. Gold prices are subject to market risks and may change due to global economic conditions, currency fluctuations, and geopolitical developments.
