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Gold prices have plunged: Should you buy yellow metal this Diwali?

World Gold brief based on reporting byThe Times of India
Brief

Reported by The Times of India: “Gold prices have plunged: Should you buy yellow metal this Diwali?”. Gold settled at $4,038 an ounce on October 26, 2026 — $129.84 per gram, +0.76% on the day.

Why it matters

The development may change short-term gold-price expectations. Confirmation requires comparing the headline with COMEX, the dollar, yields and trading volume. The COMEX settlement that session moved +0.76%, so the headline and the close diverge. The usual reason: an intraday move, a different currency, or a different horizon.

Transmission channels
  • COMEX price
  • US Dollar Index
  • US 10Y yield
  • volume and momentum
What to watch next
  • price confirmation
  • trading volume
  • cross-asset reaction
Methodology and transparency

This World Gold brief is based on the headline and available metadata. We do not reproduce the publisher's article or add unverified details. The price on the date of the report is our own data: the daily COMEX futures settlement, converted to grams at 31.1035 g per troy ounce.

Read the full report at the original publisherThe Times of India
Data on this topicGold price and reserves in IndiaGold price today by currency
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