Gold Plummets ₹15,000, Silver Crashes 15%; Major Price Drop Recorded
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News18•31-01-2026, 09:57
Gold Plummets ₹15,000, Silver Crashes 15%; Major Price Drop Recorded
- •Gold prices have seen a significant fall, becoming cheaper by approximately ₹15,000 per ten grams.
- •The decline in gold prices is a substantial 9%.
- •On MCX, gold prices for February 2026 delivery dropped from ₹1,83,962 to ₹1,54,157.
- •Silver prices have also witnessed a massive drop of 15%.
- •Silver rates fell by more than ₹80,000 per kilogram, reaching ₹3,39,910.
Why It Matters: Gold and silver prices have plummeted significantly, with gold down ₹15,000 and silver down 15%.
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