Gold and Silver Prices Plummet Amidst War: Gold Drops ₹3275, Silver Also Falls. Check Today's Rates.
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Gold, Silver Prices Plunge Amidst War Turmoil: A Golden Investment Opportunity?
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News18•15-03-2026, 13:54
Gold, Silver Prices Plunge Amidst War Turmoil: A Golden Investment Opportunity?
•Gold prices dropped by Rs 3,275 this week, with silver falling sharply by Rs 9,330 per kg amidst global political instability and Iran-Israel tensions.
•Despite geopolitical unrest, gold prices are declining, surprising investors who typically see gold as a safe haven during such times.
•Experts suggest the current market decline could present an excellent opportunity for long-term investment in gold and silver.
•The Central Government reduced the base import price of gold by $12 per 10 grams on March 14, from $1664 to $1652.
•This reduction in the base import price aims to ease the tax burden on importers, potentially making gold cheaper in the Indian market.
