Dhanteras 2026: Gold prices have witnessed significant volatility in 2026, with the yellow metal undergoing a sharp correction after scaling record highs earlier this year.
As investors prepare for Dhanteras 2026, traditionally considered an auspicious occasion to purchase gold, the key question is whether the recent decline offers an opportunity to buy or whether prices could fall further.
Domestic gold prices have corrected more than 20% from their 2026 peak, driven by concerns over inflation, higher crude oil prices, geopolitical uncertainty and expectations of an interest rate hike by the US Federal Reserve, according to brokerage firm Axis Direct.
Despite the near-term weakness, market experts remain constructive on gold's long-term outlook. They believe the recent correction has improved entry valuations for long-term investors, although traders should remain cautious about short-term price movements.
Gold has delivered extraordinary returns over the past five years, benefiting from global economic uncertainty, geopolitical tensions, central bank purchases and changing expectations around interest rates.