Gold Prices Drop After Hitting Record Highs – What Investors Should Do Now

Gold prices have dropped after touching record levels. On April 23, 2025, the price of 24K gold in India is Rs.10,136 per gram. For 22K gold, it's Rs.9,291, while 18K gold is at Rs.7,602 per gram, according to Goodreturns.

Globally, spot gold fell 0.7% to $3,357.11 an ounce, and US gold futures declined by 1.5% to $3,366.80 an ounce.

Also Read: Nifty, Sensex to Start Strong Amid Global Market Rally

Why Gold Prices Are Falling

Gold's fall is linked to a change in market mood:

• US President Trump stepped back from threatening to remove the Federal Reserve Chair.
• Hopes for a new trade deal with China rose, improving investor confidence.
• A stronger US dollar and rising stock markets made gold less attractive.
• Russia’s President hinted at ending the Ukraine war, reducing demand for gold as a safe haven.

These factors caused many investors to sell gold, leading to a price drop.

From Record Highs to Corrections

Just a day before, gold had reached $3,500 an ounce — the 28th all-time high this year — fueled by inflation fears and central bank buying. But short-term corrections were expected.

JP Morgan believes gold could still hit $4,000 per ounce in 2026, but experts say short-term dips are normal after such rallies.

What Should Investors Do?

With both gold and Nifty 50 performing well, investors are seeing good returns. However, experts suggest caution.

• Om Ghawalkar from Share.Market advises:
• Book profits if gold makes up more than 25% of your portfolio.
• Avoid investing a large amount at once.
• Start SIPs in gold ETFs to manage ups and downs.
• Diversify between gold, stocks, and debt investments.

Also Read: Gold Prices Hit Record High in India and Globally - Check Today’s Rates