Gold, Silver Prices Plunge in Delhi: Silver Down Rs 11,250/kg, Gold Drops Rs 1,900
Gold, Silver Prices Plunge in Delhi: Silver Down Rs 11,250/kg, Gold Drops Rs 1,900
- •Precious metal prices saw a significant drop in Delhi on Friday, with silver plunging by Rs 11,250 to Rs 2.30 lakh per kilogram.
- •Gold declined by Rs 1,900, or 1.3 percent, to Rs 1,47,800 per 10 grams.
- •The All India Sarafa Association reported silver's nearly 5 percent slump from Wednesday's closing level.
- •Bullion markets were closed on Thursday for Ram Navami.
- •Analysts attribute the volatility to crude oil movements, global cues, and anticipation of US macroeconomic data.
