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Gold Prices Drop for Fifth Day: Is This the Right Time to Invest?
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Gold Prices Crash for 5th Day, Down Rs 4,000+ in 5 Days: Is it Time to Buy?
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News18
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16-03-2026, 10:12
Gold Prices Crash for 5th Day, Down Rs 4,000+ in 5 Days: Is it Time to Buy?
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Gold rates have fallen for the fifth consecutive day, dropping over Rs. 4,000 in five days since March 12.
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On March 16, 24-carat gold decreased by Rs. 490 to Rs. 1,59,170; 22-carat gold fell by Rs. 450 to Rs. 1,45,900 per 10 grams.
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Silver prices also saw a significant drop, with one kilogram now at Rs. 2,80,000, down from Rs. 3,00,000.
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Global economic conditions, a strengthening dollar, and rising crude oil prices are impacting gold and silver rates.
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Experts advise staggered investment in gold, dividing the amount into parts to average out price fluctuations.
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