Gold, Silver Prices Plummet: Big Relief for Buyers as Rates Fall Sharply

• Gold and silver prices saw a significant drop on Sunday, offering relief to buyers and investors.
• Silver prices plummeted by approximately 73,600 rupees, reaching 2,65,751 rupees per kilogram from 3,39,350 rupees.
• 24-carat gold fell by 17,098 rupees to 1,48,697 rupees per 10 grams, down from 1,65,795 rupees.
• The decline was observed across different carats of gold and on the Multi Commodity Exchange (MCX).
• Global factors like a stronger US dollar and stable Federal Reserve interest rates contributed to the international price drop.

Why It Matters: Gold and silver prices have seen a sharp decline, presenting a significant buying opportunity for consumers.