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Gold & Silver Prices Fall: Great News for Buyers as Rates Drop by Rs 8,580 in 3 Days
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Gold Prices Plunge: Rs 8,580 Down in 3 Days, Silver Also Falls Sharply!
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News18
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05-03-2026, 04:44
Gold Prices Plunge: Rs 8,580 Down in 3 Days, Silver Also Falls Sharply!
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Gold prices decreased by Rs 8,580 per tola (24-carat) in the last 3 days, bringing relief to buyers.
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Silver rates also saw a significant drop, with 1 kg falling by Rs 20,000 in the Hyderabad market.
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The recent surge on February 28 and March 1 was attributed to US and Israel attacks on Iran and Middle East conflict.
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Factors like a strengthening dollar, rising US bond yields, and easing global pressure contributed to the current price decline.
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Despite the short-term dip, gold is still considered a long-term investment, with prices expected to rise again.
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