Gold and Silver Prices Crash: Investors Face Major Losses as Metals Plummet
Money
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News18•31-01-2026, 14:01
Gold and Silver Prices Crash: Investors Face Major Losses as Metals Plummet
- •Silver prices plummeted by 107,971 rupees per kilogram in one day, reaching 291,922 rupees from a high of 399,893 rupees.
- •Gold also saw a significant drop, with 10 grams of 24-carat gold decreasing by 33,113 rupees.
- •The fall follows record highs for both precious metals, as predicted by experts.
- •This sudden crash has come as a major shock to investors who had seen silver cross 400,000 rupees per kilogram for the first time.
- •For gold buyers, this price drop offers significant relief after a period of continuous increases.
Why It Matters: Gold and silver prices crashed significantly, causing losses for investors but relief for buyers.
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