Gold Price Drops Sharply on Thursday; Experts Share Short-Term Outlook (Jan 22,2026)

Gold prices fell sharply on Thursday amid profit booking and mixed global cues. Experts share short-term gold rate predictions and market outlook.

BUSINESS

1/22/20261 min read

Gold prices witnessed a notable decline on Thursday, putting pressure on the yellow metal after recent highs. The fall comes amid profit booking by investors and mixed global cues, including movement in the US dollar and bond yields.

In the domestic market, gold rates slipped across major cities, while international gold prices also traded lower during early sessions. Market participants are closely watching upcoming economic data and central bank signals, which are influencing short-term sentiment.

Why Did Gold Prices Fall Today?

According to market experts, the decline in gold prices is mainly due to:

  • Profit booking after recent rallies

  • Slight strengthening of the US dollar

  • Reduced safe-haven demand as global markets stabilize

Short-Term Gold Price Prediction

Experts suggest that gold may remain volatile in the short term. Analysts believe prices could:

  • Trade within a narrow range in the coming sessions

  • Face resistance at higher levels

  • Find support if global uncertainty rises again

Investors are advised to keep an eye on inflation data, interest rate cues, and geopolitical developments before taking fresh positions.

What Should Buyers and Investors Do?

Short-term traders are advised to remain cautious, while long-term investors may consider accumulating gold gradually during dips, as the metal continues to be a key hedge against inflation and uncertainty.

Disclaimer: Gold price forecasts are indicative and subject to market risks.