Gold rate crashes over ₹47,000, silver price plunges by ₹1.94 lakh from peak on MCX: Why experts still say ‘buy’
Gold and silver prices are undergoing a deep correction due to hectic profit booking amid an increase in CME precious metals margin requirements, the dollar’s rise, and easing geopolitical tensions. Stellar gains since last year drove gold and silver rates to unprecedented levels, causing demand fatigue and profit booking. Gold rate on MCX (February futures)…

