Gold, Silver Prices Plummet: Rs 7,000 Drop in a Single Day

• Gold and silver prices experienced a significant fall, with a Rs 7,000 drop in just one day.
• In Hyderabad, 10 grams of 24-carat gold fell by Rs 7,140, and 22-carat gold by Rs 6,500.
• Silver prices also decreased, settling at approximately Rs 2,65,000 per kilogram.
• Rising global interest rates and central bank actions to control inflation are key factors influencing the decline.
• Experts predict potential future price surges due to global economic concerns and geopolitical tensions.