BusinessPhoto: Aaj TakSilver Price Drops 2.25 Lakh From High Amid Falling Demand
Silver prices have fallen sharply from their record high of 4.20 lakh rupees per kg in January to 1.95 lakh rupees per kg as of Friday evening. The decline, including a 2.14% drop on MCX futures, is attributed to rising crude oil prices above $114 per barrel and reduced global industrial demand. This drop comes ahead of festivals like Karva Chauth and Dhanteras, presenting a buying opportunity.
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