Gold Prices Plunge: Cheapest in 15 Years, Significant Drop in Kolkata

• Gold prices have seen their biggest fall in 15 years, becoming the cheapest since 2008.
• Last week, gold prices fell by approximately 9.6 percent, the largest drop since September 2011.
• Gold futures declined by 0.7 percent to $4,574.90 per ounce on Friday.
• Silver prices also saw a significant drop, falling over 14 percent this week and reaching their cheapest since December.
• In Kolkata, 24 carat gold (10 grams) is now ₹1,45,970, a decrease of ₹2,940 from yesterday.