Gold Price Forecast: Could Rates Fall to ₹80,000? Expert Predictions on Timing
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Gold Price Drop to 80,000 Rupees? Experts Predict Major Fall by 2027
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News18•23-02-2026, 18:34
Gold Price Drop to 80,000 Rupees? Experts Predict Major Fall by 2027
•Gold prices, currently soaring, could drop to 80,000 rupees per tola by 2027, according to market experts.
•Recent surge driven by global economic instability and massive gold purchases by central banks, especially BRICS nations reducing US dollar dependence.
•Potential price drop factors include Russia possibly increasing US dollar use, an end to the Russia-Ukraine war, and reduced gold buying by major nations like China and India.
•Bloomberg forecasts Indian gold prices could fall to 70,000-80,000 rupees per 10 grams, with a gradual decline expected.
•Buyers advised to plan purchases carefully, as gold reacts strongly to global crises; stability expected by end of 2027.
