Gold, Silver Crash from All-Time Highs: Gold Down Rs. 21,000, Silver Rs. 1.5 Lakh
Gold, Silver Crash from All-Time Highs: Gold Down Rs. 21,000, Silver Rs. 1.5 Lakh
- •Gold prices plummeted by Rs. 21,100 from their all-time high on January 29, with 24-carat gold now at Rs. 1,57,750.
- •Silver prices saw an even steeper fall, decreasing by Rs. 1.5 lakh from their January 29 peak to Rs. 2,75,000 per kg.
- •Today, 24-carat gold decreased by Rs. 330 per 10 grams, while 22-carat gold fell by Rs. 300.
- •Global political tensions, economic conditions, and the US Federal Reserve's upcoming decision are influencing prices.
- •Uncertainty over interest rate cuts and Middle East conflicts continue to impact investor sentiment.