Gold rate today: Gold price retraces from 2-month high. Is it the right time to buy gold?

August 20, 2026

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Kaynat Chainwala, AVP – Commodity Research, Kotak Securities, believes that spot gold’s retreat below $4,500 an ounce looks like consolidation rather than a reversal of the broader bullish trend.Kaynat Chainwala, AVP – Commodity Research, Kotak Securities, believes that spot gold’s retreat below $4,500 an ounce looks like consolidation rather than a reversal of the broader bullish trend.

Gold rate today: Gold price retraces from 2-month high. Is it the right time to buy gold?

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