Gold price crashes over ₹38,600 from record high - What'll happen amid Diwali 2026 fervour? Right time to buy? Decoded
MCX gold has fallen 21.43% from its January record, settling at ₹1,42,024 per 10 grams as inflation concerns, higher crude prices and investor selling weigh on precious metals. Experts say festive demand may offer support, but advise gradual buying and watching the ₹1,40,000 support level.
Gold prices on the Multi Commodity Exchange (MCX) have plunged more than ₹38,600 from their record high of ₹1,80,779 per 10 grams, recorded on 29 January 2026. Gold futures settled at ₹1,42,024 on Friday, down 21.43% from the peak. The yellow metal h... [4572 chars]
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- Business
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- Economy & RBI
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- Livemint
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- Sunday, 25 October 2026, 1:18 pm IST
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