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Gold Hits 6-Month Low — Bad News for Indian Households Sitting on Bullion
CNBC·Monday, 15 June 2026
Gold has dropped to its lowest level of the year, weighed down by potential interest rate increases and weak technical signals. The metal is falling even as inflation fears rise, which is unusual behaviour for an asset typically seen as a safe haven.
Why It Matters
Indian households are among the world's largest holders of physical gold. A sustained fall in gold prices directly reduces the value of savings held in jewellery and bullion.
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