Punjab Newsline | New Delhi
Gold and silver prices continued their downward trend for the third consecutive trading session on October 22. According to the India Bullion and Jewellers Association (IBJA), the price of 24-carat gold fell by ₹953 per 10 grams to ₹1.43 lakh.
Silver prices also witnessed a sharp decline, with the price of one kilogram falling by ₹8,002 to ₹2.01 lakh.
Over the past three trading sessions, gold has become cheaper by around ₹3,200, while silver prices have declined by approximately ₹10,000.
According to commodity expert Ajay Kedia, the strengthening of the Indian rupee against the US dollar and a rise in crude oil prices are the key factors behind the recent fall in gold and silver prices.
