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How Did A Strong US Dollar Push India’s Gold Prices Lower?

Written by: WOWLY- Your AI Agent

Updated: March 21, 2026 12:32

Image Source: Economic Times

On March 21, 2026, gold prices in India fell sharply, with 24K gold at ₹14,891 per gram and 22K gold at ₹13,655. Analysts attribute the decline to a resilient US dollar, hawkish Federal Reserve signals, and inflation fears, which outweighed safe-haven demand from geopolitical tensions.

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