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

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News18•08-02-2026, 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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