Gold, Silver Prices Plummet in Rajasthan: Silver Down 40K, Gold 7K Cheaper

• Gold and silver prices in Rajasthan saw a significant drop over two days, continuing on Monday after a sharp decline on Sunday.
• Silver prices fell by approximately 40,000 rupees per kilogram, while gold became cheaper by up to 7,000 rupees per 10 grams.
• According to the Rajasthan Bullion Association, pure silver was 2,53,800 rupees/kg and 24-carat gold was 1,51,500 rupees/10 grams on Monday.
• Major cities like Jaipur, Jodhpur, Udaipur, and Kota also experienced these price drops, with specific rates varying slightly.
• Market experts attribute the volatility to international market turmoil, global economic uncertainty, dollar fluctuations, and investor caution, leading to a quiet market as customers delay purchases.

Why It Matters: Gold and silver prices in Rajasthan experienced a sharp decline due to international market volatility.