Gold Prices Pause After Hike Ahead of Diwali

The gold market in India experienced a brief pause in prices after a recent uptick, coinciding with the Dhanteras period that precedes the Diwali festival. Analysts note that the surge in demand during this auspicious time often pushes rates higher. However, market data shows a temporary stabilization as traders anticipate the upcoming holiday season. Retail buyers are closely monitoring the trend, as fluctuations can impact the cost of gold jewelry purchases during Diwali.