Silver, gold prices: Silver tumbles Rs 15,000 on MCX, gold slips below Rs 1.5 lakh; should you buy?
Gold and silver prices plummeted on the MCX Friday, driven by weak global sentiment and a stronger dollar. Silver futures saw a sharp 6% drop, while gold futures fell 2%. International markets showed mixed trends. Increased margin requirements on the MCX added to the volatility, prompting traders to cut positions. Experts advise caution amid high price swings.
Gold and silver prices plummeted on the MCX Friday, driven by weak global sentiment and a stronger dollar. Silver futures saw a sharp 6% drop, while gold futures fell 2%. International markets showed mixed trends. Increased margin requirements on the MCX added to the volatility, prompting traders to cut positions. Experts advise caution amid high price swings. What's Your Reaction?
