Gold, Silver Prices Plummet: Big Drop in Kolkata, Middle Class Rejoices

• Gold and silver prices experienced a significant drop on Friday, bringing relief to consumers.
• In Kolkata, 18-carat gold fell by Rs 724 per gram, 22-carat by Rs 885 per gram, and 24-carat by Rs 965 per gram.
• Silver prices also saw a substantial decrease, becoming 15% cheaper, with a Rs 15,000 drop per kilogram.
• Experts attribute the fall to global market policies, US trade policy, and reduced political uncertainty in the US.
• The decline follows a recent surge in prices, with gold falling by approximately 10% and silver by 15%.

Why It Matters: Gold and silver prices saw a significant fall, offering relief to the middle class due to global factors.