{"id":326040,"date":"2026-10-26T10:29:41","date_gmt":"2026-10-26T04:59:41","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=326040"},"modified":"2026-10-26T10:29:41","modified_gmt":"2026-10-26T04:59:41","slug":"gold-price-crash-down-over-rs-38600-from-record-high-what-happens-around-diwali-2026-is-it-the-right-time-to-buy-decoded","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/gold-price-crash-down-over-rs-38600-from-record-high-what-happens-around-diwali-2026-is-it-the-right-time-to-buy-decoded\/","title":{"rendered":"Gold Price Crash: Down Over Rs 38,600 From Record High, What Happens Around Diwali 2026 and Is It the Right Time to Buy?"},"content":{"rendered":"

Gold price crash has taken MCX gold futures to about Rs 1,42,750 per 10 gm at 10:13 AM on 26 Oct 2026, up 0.5% on the day but about 21.43% below the January record, a fall of over Rs 38,600. Gold lost about 4% last week, its weakest week in over four months, and ended at Rs 1,42,024 on Friday. Experts watch Rs 1,40,000 as the support level.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Gold price crash means MCX gold has fallen about 21.43% from its January record and settled at Rs 1,42,024 per 10 gm on Friday, 23 Oct 2026. The fall is linked to inflation worries, higher crude oil, firm US yields, a strong dollar and forced selling by investors who needed cash. Support is near Rs 1,40,000 to Rs 1,41,000 and then Rs 1,37,500 to Rs 1,38,300, while resistance is near Rs 1,46,000. Festive demand may help Diwali gold buying, but experts advise gradual buying and not a single large purchase.<\/p>\n<\/p><\/div>\n

Gold price today and gold price crash headlines arrive just as families plan Dhanteras and Diwali purchases, so the question is natural: is this the right time to buy? The honest answer depends on whether you are buying jewellery to wear, or gold as an investment, and on how much price risk you can take.<\/p>\n

This article on the gold price crash covers the price numbers, why gold fell, the support and resistance levels, what Diwali demand can and cannot do, and the ways to buy. It is educational and not a recommendation to buy or sell.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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