Gold and Silver Prices Plummet: Massive Drop on February 5, Investors Shocked

• Gold and silver prices experienced a massive fall on February 5, surprising investors after recent gains.
• 24-carat gold dropped by Rs. 5,020, 22-carat by Rs. 4,600, and 18-carat by Rs. 3,760.
• Silver prices plummeted by Rs. 20,000 per kilogram, now trading at Rs. 3,00,000.
• Prices also fell on MCX, with gold April futures down 0.63% and silver March futures down 7.15%.
• International factors like US-Iran talks and profit-booking are cited as reasons for the decline.