Gold-Silver Prices Plunge: Silver Falls Second Day, Gold Also Declines Amid US-Iran Talks

• Silver prices continued their downward trend for the second consecutive day, with a significant fall of 15,000 rupees per kilogram on MCX.
• The price of silver on MCX has dropped to 2,29,872 rupees per kilogram, reflecting a 6% decline.
• Gold prices also saw a decrease, with a 0.82% decline, bringing the price to 1,50,675 rupees per 10 grams.
• The fall in gold and silver prices is attributed to easing tensions between America and Iran, as both countries begin negotiations on a potential nuclear deal.
• Despite the recent fall, gold and silver had reached record high levels just last Friday on MCX, with silver now 1,73,500 rupees lower than its all-time high.