Gold prices witnessed a notable decline at the start of the week, reflecting a shift in global investor sentiment. A stronger US dollar and profit booking after recent highs contributed to the fall in prices across international and domestic markets.
Despite the short-term correction, gold continues to hold its appeal as a safe-haven asset amid geopolitical uncertainty and inflationary concerns. Investors are likely to track global cues, including interest rate expectations and currency movements.
In the domestic market, price fluctuations are expected to remain high in the near term, making it important for investors to adopt a cautious and phased investment approach.
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