Gold, Silver Prices Plummet: Rs 35,000 Drop in Silver, Gold Sees Weekly Decline
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News1808-02-2026, 06:52

Gold, Silver Prices Plummet: Rs 35,000 Drop in Silver, Gold Sees Weekly Decline

  • Gold and silver prices saw significant fluctuations last week, offering relief to buyers compared to the previous month.
  • International market uncertainty, US economic data expectations, and a strengthening dollar influenced price drops.
  • 24-carat gold decreased by approximately Rs. 3,980 per 10 grams, closing at Rs. 1,56,600 by February 7.
  • 22-carat gold saw a weekly decrease of about Rs. 3,650 per 10 grams, ending at Rs. 1,43,550.
  • Silver prices plummeted by Rs. 35,000 per kg, closing at Rs. 2,85,000 by February 7, after massive volatility.

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