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Commodities

Gold and Silver Prices Plummet Ahead of Fed Meeting

Guavy AI Editorial Team
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The price of gold and silver has plummeted in both international and domestic markets ahead of the upcoming US Federal Reserve meeting.

Data from COMEX showed that gold declined by 0.46% to USD 4,452.90 per ounce, while silver fell by 1.35% to USD 65.335 per ounce on August 18.

The Multi Commodity Exchange (MCX) also reported a decline in gold prices, with the metal trading at around Rs 1.55 lakh per 10 grams and falling by Rs 691 to Rs 1,55,149 per 10 grams.

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