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| Gold |
Gold prices in India have taken a notable dip, with futures falling to a near two-week low. While global spot prices saw a slight uptick, domestic markets witnessed declines across 24K, 22K, and 18K gold. This drop has left many investors and jewellery buyers wondering: Is this a temporary correction or the start of a bearish trend? And more importantly—should you buy now?
In this article, we’ll break down:
✔ Current gold rates in India (24K, 22K, 18K)
✔ Why prices are falling despite global stability
✔ Key factors influencing the market
✔ Expert opinions on whether this is a buying opportunity
✔ Long-term outlook for gold investors
Latest Gold Prices in India (19th August 2025)
On the Multi Commodity Exchange (MCX), October gold futures traded at ₹99,860 per 10g, slipping below the psychologically crucial ₹1 lakh mark—a level not seen in nearly two weeks.
- As of today, 24-karat gold is trading at ₹10,075 per gram, down ₹43 from the previous day. Meanwhile:
- 22-karat gold dropped to ₹9,235 per gram (↓₹40)
- 18-karat gold eased to ₹7,556 per gram (↓₹33)
- Hyderabad, a major gold trading hub, recorded sharper falls:
- 10g of 24K gold fell to ₹1,00,750
- 10g of 22K gold dropped to ₹92,350
On the Multi Commodity Exchange (MCX), October gold futures traded at ₹99,860 per 10g, slipping below the psychologically crucial ₹1 lakh mark—a level not seen in nearly two weeks.
Why Are Gold Prices Falling in India?
While global spot gold prices saw a minor increase, India’s domestic market reacted differently. Here’s why:
1. Stronger Indian Rupee (INR)
A stronger rupee against the US dollar makes gold imports cheaper, reducing domestic prices.
While global spot gold prices saw a minor increase, India’s domestic market reacted differently. Here’s why:
1. Stronger Indian Rupee (INR)
A stronger rupee against the US dollar makes gold imports cheaper, reducing domestic prices.
2. Reduced Demand Ahead of Festive Season
Gold demand typically surges during festivals like Diwali and Dhanteras (October-November). However, buyers may be holding off purchases, expecting further dips.
Gold demand typically surges during festivals like Diwali and Dhanteras (October-November). However, buyers may be holding off purchases, expecting further dips.
3. Profit-Booking by Traders
After a recent rally, traders may be locking in profits, leading to short-term price corrections.
After a recent rally, traders may be locking in profits, leading to short-term price corrections.
4. Global Economic Signals
US Fed Rate Speculations: If interest rates remain high, gold (a non-yielding asset) could face pressure.
If you can wait, monitor MCX trends—a further drop below ₹99,000 could present a better entry point.
Long-Term Investors: Accumulate Strategically
Gold remains a safe-haven asset, especially during economic uncertainty. Experts suggest:
✔ Dollar-cost averaging (buying small amounts regularly)
✔ Allocating 10-15% of portfolio to gold for diversification
US Fed Rate Speculations: If interest rates remain high, gold (a non-yielding asset) could face pressure.
- Dollar Strength: A resilient dollar often weakens gold’s appeal.
- Is This a Good Time to Buy Gold?
- Short-Term Buyers: Wait or Buy in Dips?
If you can wait, monitor MCX trends—a further drop below ₹99,000 could present a better entry point.
Long-Term Investors: Accumulate Strategically
Gold remains a safe-haven asset, especially during economic uncertainty. Experts suggest:
✔ Dollar-cost averaging (buying small amounts regularly)
✔ Allocating 10-15% of portfolio to gold for diversification
What Are Analysts Saying?
"This dip is more of a correction than a crash. Investors with a 3-5 year horizon can accumulate." – Market Analyst, Economic Times
"If MCX gold holds above ₹98,500, we may see a rebound soon." – Commodity Strategist, MoneyControl
Future Outlook: Will Gold Recover or Fall Further?
"This dip is more of a correction than a crash. Investors with a 3-5 year horizon can accumulate." – Market Analyst, Economic Times
"If MCX gold holds above ₹98,500, we may see a rebound soon." – Commodity Strategist, MoneyControl
Future Outlook: Will Gold Recover or Fall Further?
Bullish Factors
✅ Festive Demand (Oct-Nov 2025) – Likely to push prices up.
✅ Geopolitical Risks – Any escalation could boost gold’s safe-haven appeal.
✅ Inflation Hedge – If inflation rises, gold may regain momentum.
Bearish Risks
❌ Stronger Dollar & Fed Rates – Could suppress gold’s upward movement.
❌ Equity Market Rally – If stocks perform well, gold may see reduced interest.
Final Verdict: Should You Buy Gold Now?
🔹 For jewellery buyers: If you need gold soon, buying in small tranches is wise.
🔹 For investors: Consider SIP in gold ETFs or sovereign gold bonds (SGBs) for better returns.
🔹 For traders: Watch MCX support levels (₹99,000-₹98,500) before taking large positions.
✅ Festive Demand (Oct-Nov 2025) – Likely to push prices up.
✅ Geopolitical Risks – Any escalation could boost gold’s safe-haven appeal.
✅ Inflation Hedge – If inflation rises, gold may regain momentum.
Bearish Risks
❌ Stronger Dollar & Fed Rates – Could suppress gold’s upward movement.
❌ Equity Market Rally – If stocks perform well, gold may see reduced interest.
Final Verdict: Should You Buy Gold Now?
🔹 For jewellery buyers: If you need gold soon, buying in small tranches is wise.
🔹 For investors: Consider SIP in gold ETFs or sovereign gold bonds (SGBs) for better returns.
🔹 For traders: Watch MCX support levels (₹99,000-₹98,500) before taking large positions.
Conclusion:-
The recent dip in gold prices presents an interesting opportunity. While short-term volatility may continue, gold’s long-term value as a hedge against inflation and economic instability remains intact. Whether you’re a jewellery buyer, investor, or trader, staying informed and making calculated decisions is key.
What’s your take? Will you buy gold now or wait for a deeper correction? Let us know in the comments!
The recent dip in gold prices presents an interesting opportunity. While short-term volatility may continue, gold’s long-term value as a hedge against inflation and economic instability remains intact. Whether you’re a jewellery buyer, investor, or trader, staying informed and making calculated decisions is key.
What’s your take? Will you buy gold now or wait for a deeper correction? Let us know in the comments!
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