Gold prices fall --

NEW DELHI, Sept 25 (The Economic Times): The price of gold fell for second consecutive day in India on Sunday, standing at Rs 49,360 per 10 grams.

This is a drop of Rs 595 (1.19 per cent) since yesterday. The price of gold also saw a drop in major cities such as Delhi, where price of standard gold fell by Rs 400 from yesterday.

"All that glitters is not gold," or so the saying goes but right now, gold itself isn't looking particularly shiny either.

In fact, gold prices are down almost 20 per cent from their recent March peak.

That puts the precious metal on the cusp of a bear market, which is strange because this should be the perfect time to own gold.

Historically, it rallies when inflation is high and is a firm favorite in periods of geopolitical uncertainty, when it's seen as a safe haven.