Mint Explainer: What’s causing gold prices to fall, and what should you do now? by Live mint | February 3, 2026 6:10 pm | Indian Stocks, Market, News After touching an all-time high on 28 January, gold fell 12.2% to $4,923.88 per troy ounce on Tuesday afternoon. What’s likely to happen next, and what does this mean for your portfolio?