Gold, Silver Prices Plummet: Silver Down Rs 4000, Gold Cheaper by Rs 1000 Today

• Gold and silver prices experienced a sharp decline today on the Multi Commodity Exchange (MCX).
• Gold fell by Rs 1000 to Rs 153753 per 10 grams, while silver dropped by Rs 4000 to Rs 235773 per kilogram.
• Factors influencing the decline include a strong US dollar, low trading due to Lunar New Year holidays, and profit-taking.
• Experts anticipate continued fluctuations, with market focus on US PCE data and FOMC meeting proceedings.
• Global economic uncertainty, dollar strength, and international trends are impacting Indian precious metal markets.