Gold Prices Plummet in Vijayawada: 24K Gold Down Rs 1,310, Silver Crashes Rs 25,000

• Gold prices in Vijayawada saw a significant drop on Monday, February 16, 2026, after weeks of record highs.
• 24-carat gold decreased by Rs. 1,310 per 10 grams, now at Rs. 1,56,440; 22-carat gold fell by Rs. 1,200.
• Factors contributing to the decline include profit booking by investors in international markets and a strengthening US Dollar Index.
• Silver prices also crashed, with one kilogram decreasing by Rs. 25,000 to Rs. 2,65,000, partly due to reduced industrial demand.
• Experts advise long-term investors to consider staggered buying during price dips and always check for hallmarking.