Gold Prices Fluctuate: Sharp Drop Followed by Today's Rise; Silver Soars

• Gold prices saw a significant drop of approximately Rs. 600 for 24-carat and Rs. 550 for 22-carat gold on January 15 and 16.
• The decline was attributed to a slight reduction in international market tensions.
• However, on January 17, gold rates rebounded, increasing by Rs. 380 for 24-carat and Rs. 350 for 22-carat gold.
• Current rates for 10 grams are Rs. 1,43,780 for 24-carat and Rs. 1,31,800 for 22-carat gold.
• Silver prices surged by Rs. 4,000 today, reaching Rs. 3,10,000 per kg, with predictions of further increases.

Why It Matters: Gold prices experienced a two-day dip before rising today, while silver saw a significant surge.