Gold, Silver Plunge: Rs 1,300 & Rs 7,400 Drop Amid Weak Global Trends
Gold, Silver Plunge: Rs 1,300 & Rs 7,400 Drop Amid Weak Global Trends
- •Silver prices declined by Rs 7,400 to Rs 2.70 lakh per kg in New Delhi.
- •Gold dropped by Rs 1,300 to Rs 1.62 lakh per 10 grams in the national capital.
- •The All India Sarafa Association reported silver fell by nearly 3% to Rs 2,70,500 per kg.
- •Gold of 99.9% purity depreciated by nearly 1% to Rs 1,62,900 per 10 grams.
- •Decline attributed to weak international markets, profit-booking, and a firm US dollar.