Gold Prices Plummet Over Rs 18,000 in Two Days, Bullion Market Shaken

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News18•31-01-2026, 16:24
Gold Prices Plummet Over Rs 18,000 in Two Days, Bullion Market Shaken
- •Gold prices in Andhra Pradesh and Telangana have crashed significantly after a continuous rise.
- •10 grams of 24-carat gold plummeted by over Rs 18,000 in just two days in Hyderabad, now at Rs 1,60,580.
- •10 grams of 22-carat ornamental gold dropped by almost Rs 17,000, now priced at Rs 1,47,200.
- •18-carat gold also saw a single-day fall of Rs 6,460, currently at Rs 1,20,440 for 10 grams.
- •Experts predict gold prices could exceed Rs 2 lakh per tola in coming months, making the current dip a good buying opportunity.
Why It Matters: Gold prices crashed over Rs 18,000 in two days, presenting a potential buying opportunity before an expected rise.
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