Gold and silver prices plunge after CME margin hike
pre-market1 source ↓written by the desknot a recommendation
- fell
- ₹1,496
- per 10 gm
- ₹1,50,849
- dropped
- ₹1,28,126
- per kg
- ₹2,91,922
- decline
- 30.5%
Gold and silver prices faced a significant downturn following a margin hike on the CME, triggering aggressive profit-booking. MCX gold fell by ₹1,496 to ₹1,50,849 per 10 gm, while MCX silver dropped ₹1,28,126 to ₹2,91,922 per kg, marking a 30.5% decline from its record high. This sharp decline reflects market volatility and investor sentiment.
Not investment advice. For informational purposes only.