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Gold Price Forecast: Surprising Trends Spark Buyer Confusion; Experts Analyze Market Shock
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Gold Prices Defy War: Experts Explain Shocking Fall & Future Outlook
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News18
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12-03-2026, 16:19
Gold Prices Defy War: Experts Explain Shocking Fall & Future Outlook
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Gold prices are surprisingly falling despite ongoing war, contrary to expert predictions of a sharp rise.
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Strengthening US dollar as a primary safe-haven asset and US President Donald Trump's calming remarks on the Iran conflict are key factors.
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International gold prices dropped about 4% since the war began, with MCX India seeing 10 grams fall below ₹1.61 lakh.
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Experts like Kaynat Chainwala and Dr. Renisha Chainani predict a rebound, with prices potentially reaching $5,500-$6,000 by end of 2026.
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Piyush Gupta and Satish Dhondapati affirm gold's long-term value, calling the current dip a 'rest' and a good buying opportunity.
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