Gold, Silver Prices Plummet: Tola Gold Down Rs 2,500, Silver Rs 20,000 Per Kg

• Gold and silver prices saw a sharp decline, with one tola of gold falling over Rs. 2,500 and a kilogram of silver dropping by Rs. 20,000.
• On February 13, 24-carat gold decreased by Rs. 2,620, 22-carat by Rs. 2,400 per 10 grams, and 18-carat by Rs. 1,960.
• Despite domestic falls, gold and silver prices rose significantly on the Multi Commodity Exchange.
• Global gold prices fell below $5,000 per ounce, while silver traded below $80 per ounce.
• Strong US jobs data diminished hopes for interest rate cuts, initially pushing prices down, but buyers later caused a rebound.