Commodity
Confidence 0.68
Gold and silver prices tumble in India
What happened
Gold prices in India have dropped by ₹1,800 per 10 grams, while silver prices have also seen a significant decline, falling below ₹2.21 lakh per kg.
Causal chain
India impact
Sector impacts
Short term (1–4 weeks)
Negative impact on precious metals market.
Long term (3–6 months)
Potential recovery if demand increases.
Sources
- · Gold price tumbles Rs 1,800/10 grams, silver slips below Rs 2.21 lakh/kg