On the second day of Diwali, the prices of both gold and silver on the MCX saw a significant drop. Silver prices fell by an estimated ₹ 10,000 per kg during trading, taking it below the ₹ 1.5 lakh mark.
A big crash has been reported in the gold and silver market today. Gold and silver prices fell sharply during the morning trading in MCX. The price of 10 grams of gold has decreased by 5 thousand rupees and now it has reached 1 lakh 28 thousand rupees. At the same time, the price of 1 kg of silver has also been reduced by Rs 10 thousand, due to which the price of silver has come down below one and a half lakh rupees.
It is estimated that gold and silver prices may go down gradually in the coming days. Investors are advised to keep market valuation and market trends in mind before taking any snap decisions.
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