23 Oct 2025 | 3 Mins Read
Gold prices may be on the decline post-Diwali
Flipitmoney
Global gold prices dropped 0.5% to $4,000 an ounce, while MCX futures in India rose 2% to Rs 124,100, highlighting a discrepancy due to rupee weakness, festive demand, and a shift in investor sentiment. Investors are positioning for potential further weakness in gold prices after a brutal sell-off that wiped 6% off prices in two sessions.