BusinessPhoto: Aaj TakGold and Silver Prices Plunge Sharply in December Futures
In the multi-commodity market, December futures for gold and silver saw a sharp decline. Silver futures dropped by around ₹8,300 to ₹2,00,500, while gold futures fell by ₹2,500 to ₹1,43,600 per 10 grams on MCX. This sudden fall is also reflected globally, with gold down 1.82% to $4,074.37 per ounce and silver down over 4% to $55.408 per ounce. Rising crude oil prices, inflation concerns, and expectations of high US interest rates are key reasons for this drop.
Aaj Tak·



