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Gold Rates Today, October 5, 2026: Check 22K, 24K and 18K gold prices in India, MCX gold rates and city-wise prices. Also know how to check gold purity before buying this festive season.
Is gold losing its shine as a safe haven asset? After its record breaking rising spree in 2025 to early 2026 when it hit record highs, gold prices have been on a downward spiral.
The sell-off was driven by a combination of global and domestic concerns. Rising US 10-year Treasury yields, renewed geopolitical tensions in West Asia, elevated crude oil prices, a weaker Indian rupee and continued foreign investor selling weighed heavily on market sentiment. With these factors still in focus,…