Why is gold price under pressure ahead of Dhanteras, Diwali? What should interested buyers do? Experts's views, target - Livemint
Gold
AI desk brief
MCX gold is under pressure as a strong US dollar, elevated Treasury yields and shifting Fed expectations keep bullion pinned; the article says gold is around ₹1,42,800/10 gm, about ₹38,000 below its 29 Jan 2026 peak of ₹1,80,779. Analysts frame the near-term setup as cautious, with profit-taking and higher yields offsetting safe-haven demand, while Indian festival buying could help stabilise prices.
Sources used
- S1 Livemint via Google News — Why is gold price under pressure ahead of Dhanteras, Diwali? What should interested buyers do? Experts's views, target - Livemint