Platinum Price Drops by Rs 61,200 in a Day; Silver Surges by Rs 12,000

• Platinum prices saw a significant decrease of Rs 61,200 in a single day, with 100 grams now at Rs 7,88,800.
• Silver prices, conversely, surged by Rs 12,000 for 1000 grams, reaching Rs 3,87,000 today.
• Over the last ten days, 100 grams of silver increased by Rs 7,700, from Rs 31,000 on January 18 to Rs 38,700 on January 27.
• The unexpected rise in silver prices has shocked buyers and market experts alike.
• Fluctuations in gold and silver are attributed to market demand and international conditions, while platinum prices may be influenced by silver.

Why It Matters: Platinum prices fell sharply, offering relief to buyers, while silver continued its unexpected upward trend.