NEW DELHI
Gold and silver prices saw a sharp decline as investors rushed to take profits amid a strengthening US dollar. On the MCX, gold futures dropped nearly 7% to ₹1,34,506, while silver fell over 8%. Global tensions, particularly the ongoing conflict near the Strait of Hormuz and rising oil costs, have rattled the markets. Despite the dip, financial experts are urging investors to stay calm. They suggest that this market correction is actually a good opportunity to buy more bullion at lower rates or continue regular monthly investment plans.
Gold, silver prices tumble as markets react to Iran strike pause
