MCX silver price crashes 26%, gold rates decline sharply
after close1 source ↓written by the desknot a recommendation
- futures fell
- ₹2,91,922 per kg
- from its peak
- 30.5%
- futures dropped
- ₹1,50,849 per 10 gm
- decline
- 0.98%
Gold and silver prices plummeted following a margin hike on the CME, triggering aggressive profit-booking. MCX silver for March futures fell to ₹2,91,922 per kg, down 30.5% from its peak. Meanwhile, MCX gold for April futures dropped to ₹1,50,849 per 10 gm, a 0.98% decline from the previous close. 📉
Not investment advice. For informational purposes only.