Silver Price Drops from Rs 4.2 Lakh to Rs 1.9 Lakh
Silver prices have fallen sharply from Rs 4.2 lakh per kg to Rs 1.9 lakh, marking the lowest level in 10 to 11 months. This decline is linked to inflation risks fueled by rising oil prices. Gold prices also dropped by Rs 5,938 to a one-month low, while silver collapsed by Rs 17,705. The trend shows silver testing support levels around $53.08 amid an oversold market.
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