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The Economic Times

Business / The Economic Times

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Gold, silver tumble; festive buyers wait

Gold and silver prices fell sharply on Monday, leading potential buyers to postpone purchases for upcoming festivals. Silver futures dropped significantly, while gold futures also experienced a notable decline on the MCX. The current correction in prices has made buying more affordable, but customers remain hesitant. Jewellers indicate that purchases typically happen in a rising market rather than a falling one.

29 Sep 2026 5:37 am