Gold Prices Plummet: Record Decline in Telugu States, Silver Also Falls

• Gold prices have fallen by over Rs. 10,000 for 24-carat 10 grams, marking the fifth consecutive day of decrease.
• In Telugu states, 24-carat 10 grams gold decreased by Rs. 10,320 to Rs. 1,35,650; 22-carat by Rs. 9,450 to Rs. 1,24,350.
• Silver prices also dropped significantly, with one kilogram now around Rs. 2,30,000, due to massive sell-offs in commodity markets.
• International gold prices fell to $4,425 per ounce, influenced by a stronger US dollar and the US Fed's 'hawkish' stance on interest rates.
• The decline offers relief for gold buyers ahead of the wedding season, despite ongoing tensions in the Middle East.