Gold Prices Crash: Rs 6,600 Drop in a Week! Buy Now Before Rates Soar
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News18•04-01-2026, 15:18
Gold Prices Crash: Rs 6,600 Drop in a Week! Buy Now Before Rates Soar
- •Gold prices plummeted by Rs. 6,600 (24-carat, 10 grams) in Hyderabad from December 28 to January 4.
- •22-carat gold also saw a significant drop of over Rs. 6,000 per 10 grams in the same period.
- •Silver rates crashed by Rs. 28,000 per kilogram, making it an opportune time for buyers.
- •The sharp decline is attributed to international market conditions and profit booking.
- •Experts predict gold rates may increase significantly from next week, urging buyers to act now.
Why It Matters: Gold and silver prices crashed this week, offering a prime buying opportunity before expected rate hikes.
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