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Gold and silver prices fall ahead of Diwali

Original: silver mcx

Gold and silver prices on the Multi Commodity Exchange have dropped sharply just before Diwali, which traders describe as good news for jewellery buyers in India. The decline means customers shopping for ornaments during the festival season can purchase at lower rates than in recent weeks. Market watchers are tracking whether the dip continues through the festive period.

Why now: Falling precious metal prices just before Diwali matter to Indian buyers and investors timing their purchases.

MCXgoldsilverIndia

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