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Gold Prices Crash in India, Falling by Rs 2,800 Per 10 Grams

Guavy AI Editorial Team
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Gold and silver prices have seen a sharp decline in India, following a recent rally. The price of gold fell by Rs 2,800 per 10 grams in a single day, while silver prices also dropped due to heavy selling pressure.

The Delhi bullion market recorded the steepest decline on Friday, August 14. According to data, the price of 24-carat gold in Delhi decreased from Rs 1,59,800 per 10 grams to Rs 1,57,000 per 10 grams after a massive rally.

Market analysts believe that this recent fall could provide an opportunity for customers planning to buy jewelry or invest in precious metals, especially ahead of the festive and wedding season.

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