Gold Price Fall: Gold Price Fall in Global Market, Crowd of Buyers Seen in Market

Gold Price Fall: A continuous decline in gold prices is being observed in the global market. Talking about last week, the price of gold on MCX has fallen by more than ₹1900. If you are also planning to invest in gold or want to buy gold, this is the right opportunity. Although the price of gold has already crossed one lakh rupees, there has been a significant drop in the last one week. A fall of more than ₹1900 has been seen in 10 grams of 24-carat gold on the Multi Commodity Exchange.

Gold Price Fall

This price drop in gold has been observed not only on the Multi Commodity Exchange but also in the global market. If you go to buy gold in your Indian domestic market as well, you will find it much cheaper compared to the previous days, and it seems that an even bigger drop could be seen in it.

The price of 24-carat gold on 8 August 2025 was ₹101798 per 10 grams, which dropped to ₹99850 by Friday. In just four days, a reduction of ₹1948 in its price has been observed, giving some relief to those who were troubled by the rising gold prices.

How Cheap is Gold in the Domestic Market?

Talking about the Indian domestic market, a significant drop in gold prices has been observed here as well. The Indian Bullion Jewellers Association has also provided information about this on its website. When the price of 24-carat gold was checked on the morning of 8 August, it was ₹101406, and by the evening, it had decreased to ₹100942, meaning a drop of ₹919 was seen here. So, you can buy 10 grams of gold at a lower price.

Due to the sudden drop in gold prices, its demand has slightly increased in the domestic market, which is why its price is hovering around one lakh rupees. People hope that its price will decrease further, which will surely help them fulfill their dream of buying gold.