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Market Turmoil: Silver Drops by 12,000, Gold Prices Plummet in Minutes; What's Happening?
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Gold, Silver Prices Plummet: Market Turmoil Amidst War and Fed Decisions
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News18
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19-03-2026, 15:19
Gold, Silver Prices Plummet: Market Turmoil Amidst War and Fed Decisions
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Gold and silver prices crashed significantly, with silver dropping by ₹12,000/kg and gold by ₹4,500/10 grams in hours.
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The market turmoil is linked to the escalating America-Israel-Iran conflict and its impact on global markets.
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Despite typical wartime trends, investors are moving to cash, causing a sell-off in precious metals.
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The American Federal Reserve's decision to maintain interest rates and rule out future cuts contributed to the price fall.
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Silver, which hit a record high of ₹4.20 lakh/kg, is now trading around ₹2.35 lakh, a drop of ₹1.85 lakh.
Read Full Article on News18 in Marathi
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