Gold and silver prices have fallen sharply in the last 24 hours. Recent updates from international markets show a sudden decline hitting investors.
Gold price dropped by 5.41%, losing 233 dollars per ounce. The current price stands at 4,109 dollars per ounce.
Silver faced an even bigger fall, dropping 8.18% to reach 48 dollars per ounce.
Despite the sudden drop, both metals have gained over the past 30 days. Gold increased by 16.10% while silver rose by 19.02% in the same period.
Investors are facing short-term losses, but overall growth in the past month shows that metals still remain a strong investment over time.
