Gold, Silver Prices Plummet: Silver Down 30K, Gold Drops 12K Amid Global Shifts

• Gold and silver prices have seen a significant drop, with silver falling by 30,000 rupees and gold by over 12,000 rupees.
• The decline offers relief for wedding shoppers and investors, despite initial expectations of price hikes due to global conflicts.
• Key factors contributing to the fall include a stronger US dollar and rising crude oil prices, leading to potential interest rate increases.
• Investors are shifting from gold to banks offering better returns, impacting gold prices.
• This marks the fastest gold price drop since January 2026, with 24-carat gold at around ₹1,45,570 per 10 grams and silver at ₹2,28,871 per kilogram.