India Gold Silver Prices Plummet Amid Geopolitical Tensions
The prices of gold and silver have declined in India, according to the India Bullion and Jewellers Association (IBJA). The price of 10 grams of 24-carat gold has fallen by ₹1,205 to ₹1.52 lakh.
The price of one kilogram of silver has dropped by ₹2,412 to ₹2.33 lakh. This is a decrease of more than ₹4,000 in two days for silver and ₹1,500 for gold.
Market experts believe that volatility may continue in gold and silver prices due to geopolitical tensions and economic uncertainty. However, they also note that the market is still showing signs of weakness, making it essential for investors to remain cautious.