Gold and Silver Prices Plummet: Jewelers Call it a 'Golden Opportunity' for Buyers

• Gold and silver prices have seen significant drops, with silver down by ₹1.38 lakh and gold by ₹28,000 in four days.
• This price reduction offers relief to families planning weddings and is considered an opportune time for investment and purchase by Jaipur jewelers.
• Silver, which hit a high of ₹4 lakh/kg, is now ₹2.62 lakh/kg, while gold is ₹1.56 lakh/10 grams, ₹8,500 cheaper than its peak.
• The price drop is attributed to international market speculation, increased industrial use of silver, global conflicts, and the dollar-rupee exchange rate.
• Jewelers report a 10-12% surge in market activity, with customers actively placing orders and exchanging old jewelry, especially in Jaipur's Johari Bazaar and MI Road.