Gold’s shine faded, gold fell from the peak of Rs 1.80 lakh, know why central banks around the world suddenly started selling gold?
News India Live, Digital Desk: Gold, which was considered a ‘safe haven’ in the global market, now seems to be losing its shine. in january 2026 ₹1.80 lakh per 10 grams After touching the historic all-time high of Rs. 1,000, gold prices have now started a major decline. The surprising thing is that the Central Banks which till yesterday were the biggest buyers of gold, have now become its biggest sellers. According to the latest reports of April 2026, gold prices have increased from January till now. decline of up to 12% Has been registered.
Why did the Central Bank become a ‘strong wall’ and break?
In the last few years, banks of countries like Poland, China and India had made record-breaking purchases. In the year 2025 itself, Central Banks around the world 328 tons of gold Had bought. But now liquidity pressure (shortage of cash) and global instability has changed the tables. According to recent reports:
Russia: from its gold reserves for the first time in 25 years to compensate for war losses. 14 tons of gold Sold.
Turkish: Close to save its falling currency ‘Lira’ 60 tons of gold Launched in the market.
France: He surprised everyone by selling his entire stock kept in the New York gold vault.
Poland: Heavy selling has started to raise dollars.
Currency and oil crisis spoiled the game
Experts believe that the Central Bank is making this ‘sacrifice’ not to earn profits, but to save its economy. War between Iran and America The beginning of the US took crude oil prices straight from $60 $120 per barrel But it has been delivered. Countries are in dire need of dollars to import oil. To protect their national currency from collapse and to balance foreign exchange reserves, banks are raising cash by selling gold.
What is India’s stand?
While banks around the world are selling gold, the Reserve Bank of India (RBI) has 4 tons of gold Had purchased. However, the impact of heavy selling happening globally is also visible on Indian markets. There is now a fear among investors that if the Central Banks continue to withdraw their stocks in this manner, then there may be a bigger fall in the prices.
Will the price of gold increase again?
According to market experts, the future of gold now depends on two major factors:
Crude Oil Prices: If oil prices fall, there will be less pressure on the currency and banks may stop selling gold.
Geopolitical Tension: If the Iran-US war stops and the dollar weakens, then only gold can be expected to rise again.
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