look news india
Lucknow. A very shocking news has come to light for those investing in gold and planning to buy jewelery for weddings. Market experts have indicated that the gold which was preparing to reach close to ₹ 2 lakh till some time ago, is now reaching the mark with a bang. ₹1 lakh per 10 grams It may even fall below the level of Rs. Major changes in global politics and Russia’s new economic strategy have started to dull the shine of gold.
Gold fell from height: current market situation
The year 2025 proved to be the ‘Golden Year’ for gold, when prices broke records and in January 2026 ₹1,93,000 The peak of per 10 grams was touched. But recent figures have surprised everyone:
MCX Update: Gold is almost at its highest level 13.50% (about ₹24,500) It has fallen to the level of ₹ 1,56,200.
International market: A big fall of 10.50% has been recorded in the prices of gold on Comex also.
Russia’s ‘U-Turn’ and the dominance of the dollar: Why are prices falling?
The biggest reason behind this possible crash in gold prices is believed to be Russia’s increasing inclination towards America.
Dollar withdrawal: According to Bloomberg report, Russia is now considering leaving the ‘de-dollarization’ (dollar free trade) campaign of BRICS countries and returning to dollar-based trade again.
Decrease in demand: Till now Russia and other countries were hoarding gold as an alternative to dollars. If Russia adopts the dollar again, global demand for gold as a safe haven investment will decline significantly.
Strategy of Central Banks: The gold that central banks around the world had bought due to fear of Donald Trump’s tariff war can now be sold in the open market, which will lead to over-supply of gold in the market.
Estimate till 2027: Gold may reach the level of ₹ 90,000
Market analysts believe that the ‘peak’ of gold prices in India has passed. Investors should be prepared for a major correction in the coming times:
Target prices: According to experts, the price of 10 grams of gold in India will rise by the end of 2027. ₹90,000 to ₹1,00,000 Can come between.
International Baccalaureate: Gold falling in global market $3,000 per ounce Can touch the level of.
Expert advice: This decline will not be in a straight line. Intermittent ‘dead-cat bounce’ i.e. small recovery in prices may be seen, but the long-term trend now appears to be downwards. New investors are advised to avoid large investments at this time and wait for the market to stabilize.