Gold Price Drops ₹5840 in 10 Days, Silver Falls ₹25000

TV9 Hindi · business

Gold prices have seen a significant drop over the past ten days, offering relief to buyers. Pure 24-carat gold has become cheaper by ₹5840 per 10 grams, while 22-carat gold has fallen by ₹5050. Silver prices have also experienced a sharp decline, with a drop of ₹25,000 per kilogram in the same period. This decrease is attributed to a slowdown in industrial demand and profit-taking by investors. The current market trend is influenced by global geopolitical instability and tightening monetary policies by central banks worldwide.