Gold, Silver Prices See Unexpected Drop: Silver Plummets by Rs. 20,000!

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News18•15-02-2026, 07:32
Gold, Silver Prices See Unexpected Drop: Silver Plummets by Rs. 20,000!
- •Gold and silver prices fluctuated during Valentine's Day week, with a sharp decline in silver towards the end.
- •24-carat gold saw a slight decrease of Rs. 160, closing at Rs. 1,57,750 per 10 grams by February 14.
- •22-carat gold, used in jewelry, had a difference of only Rs. 150 over the week, stabilizing at Rs. 1,44,600.
- •Silver prices experienced a massive fall of Rs. 20,000, dropping from Rs. 3,00,000 to Rs. 2,80,000 per kilogram in five days.
- •International conditions, including dollar appreciation and US interest rates, influenced gold's stability, while decreased industrial demand and profit booking caused silver's plunge.
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