Silver prices also plummet as gold prices in India falls to near 7-month lows

Silver prices also plummet as gold prices in India falls to near 7-month lows. In Indian markets, gold prices plummeted to levels not seen in nearly seven months, as selling pressure spread across all precious metals worldwide. On the MCX, silver futures dropped 0.7% to values below 55,000 per kg, while gold futures dropped 0.5% to 49,081 per 10 grammes.

Continue ReadingSilver prices also plummet as gold prices in India falls to near 7-month lows