Gold price crashes over ₹38,600 from record high — What'll happen amid Diwali 2026 fervour? Right time to buy? Decoded

MCX gold has fallen 21.43% from its January record, settling at ₹1,42,024 per 10 grams due to inflation concerns, higher crude prices, and investor selling. Experts suggest that festive demand may offer support, but advise gradual buying and watching the ₹1,40,000 support level.