Gold and silver prices fell sharply today, creating ripples in the bullion market.
24-Carat Gold Price Falls
The price of 24-carat gold dropped by Rs 9,050. Ten grams of 24-carat gold now costs Rs 1,51,530. Traders noted the decline as significant, affecting both investors and jewellers.
22-Carat Gold Price Declines
Similarly, 22-carat gold recorded a fall of Rs 8,300. Ten grams of 22-carat gold now stands at Rs 1,38,900. Buyers and sellers adjusted quickly to the new rates, reflecting the sudden market shift.
Silver Price Drops by Rs 20,000
Silver prices also witnessed a steep decline. The rate per kilogram fell by ₹20,000, bringing the price down to Rs 3,00,000. The drop in silver added to the overall volatility in the precious metals market.
The repeated fall in gold and silver prices has raised concerns among investors and jewellers. Analysts believe the bullion market may continue to experience fluctuations in the coming days.
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