Jewellery buyers have a reason to buy more gold even after the festive season has just gone as the yellow metal prices dropped by Rs.600 per 10 grams here Friday to Rs.26,500.
In India, however, the marriage season will begin soon.
Experts attributed the dip in price to the strengthening dollar as it has eroded the demand for the precious yellow metal.
In September, the gold price dropped below Rs.27,000 per 10 grams.