Good news has emerged for gold buyers. During Diwali, while the price of gold was consistently rising, everyone experienced it. However, after Diwali, the prices of gold and silver have been consistently falling. In the last eight days, the price of gold has dropped by 14 thousand rupees, and in the last 24 hours, it has dropped by five thousand rupees.
Following the drop in gold prices, silver prices have also fallen by 33,000 in eight days and by 7,000 in 24 hours, leading to a renewed rush of customers buying gold and silver in the city of gold.
We welcome the drop in gold and silver prices, but customers have expressed hope for further declines. Gold traders have predicted that gold prices could reach 140,000 by 2026.