Gold Prices Plummet: Ugadi Impact Triggers Significant Drop in Rates

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Gold Prices Plummet on Ugadi: Major Drop Sparks Buying Frenzy

Gold and Silver Prices Fall in India on March 19

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News18•19-03-2026, 10:04

Gold Prices Plummet on Ugadi: Major Drop Sparks Buying Frenzy

•Gold prices experienced a significant unexpected drop, bringing relief to consumers ahead of Ugadi.
•24-carat gold decreased by Rs. 2,780 per 10 grams, and 22-carat gold by Rs. 2,550 per 10 grams.
•Silver prices also fell by Rs. 100 per kg, now trading at Rs. 2,74,900.
•Traders anticipate record sales for Ugadi as buying gold is considered auspicious for financial prosperity.
•Despite international tensions, gold prices in India are decreasing, making it an attractive safe-haven investment amid stock market falls.

Read Full Article on News18 in Telugu

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