Gold Corrects to ₹1,59,660 as Crude Drops — Market Update March 15 2026
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By Suraj — Trading Desk with Suraj · March 15, 2026 · Finance & Trading
Markets had a weekend of reflection today after one of the most volatile weeks in 2026. Gold has corrected sharply from its ₹1.80 lakh all-time high to ₹1,59,660 per 10 grams for 24K. The Sensex bounced 500 points as Iran’s ceasefire signal cooled crude oil prices. Here is your complete Sunday market briefing.
Why Gold is Correcting — Should You Buy?
Gold’s correction from ₹1.80 lakh to ₹1.59 lakh is being driven by a strengthening US dollar and the slight easing of immediate geopolitical fear following Iran’s ceasefire signal. Gold opened March at ₹1,73,090 — it has now fallen nearly 8% this month. However, analysts note the Middle East conflict is still active and unresolved, keeping a “safe haven floor” under gold prices.
“The current gold dip may be a wedding season buying opportunity. Indian households preparing for the upcoming marriage season could trigger a retail buying uptick at these levels.”
— Suraj, Trading Desk with Suraj
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Disclaimer: Not investment advice. Consult a SEBI-registered advisor before trading.
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