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The Economic Times
The Economic Times
Business
Shaghil Bilali

Gold buying on Dhanteras: Gold prices have fallen by 20% from their peak; is it right time to invest in yellow metal?

The spot gold price on the Multi Commodity Exchange of India (MCX) in the last two months has been far from its peak of Rs 1,76,306 per 10 gram on January 29, 2026. In September, the highest gold price was Rs 1,54,494 on September 4, while in October, the highest rate was Rs 1,49,970 on October 9.

As far as the lowest spot gold price this month is concerned, it reached the month’s low on October 23 at Rs 1,40,664, a 20.21% fall from its peak price in January.

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