Gold Drops Rs 13,000, Silver Halves: Wedding Season Boost for Buyers?

• Gold prices have fallen by Rs 13,690 for 24-carat in seven days, while silver has dropped significantly.
• 24-carat gold in Mumbai is Rs 1,45,600, 22-carat is Rs 1,35,000, and 18-carat is Rs 1,09,000.
• Silver, which hit Rs 4 lakh in January, is now Rs 2,44,900 per kilogram, a Rs 30,000 drop in one week.
• The strengthening dollar, global bank interest rate stance, rising crude oil, and market uncertainty are pressuring gold.
• The price drop is a relief for wedding season buyers, but analysts predict continued fluctuations due to international markets.