Kochi: Gold prices continue their downward slide, marking a ₹320 dip per sovereign today, bringing the price to ₹64,080. Over the past two days, gold has lost a total of ₹520, with the price per gram dropping by ₹40 to ₹8,010.
This decline comes despite market predictions that gold would surge past the ₹65,000 psychological mark after reaching an all-time high on February 20.
Experts link the slump to fluctuations in the international market, economic uncertainties in the U.S., and ongoing stock market volatility. With global financial instability on the rise, investors are keeping a close watch on further price movements.