Gold price today: How much 22K, 24K gold costs in Delhi, Mumbai & other cities – check rates

Gold and silver prices experienced a significant drop on Friday, with investors cashing in after recent record highs. Silver futures plunged over 16%, and gold futures fell 9% on the MCX. This decline is attributed to weaker global trends, a stronger US dollar, and profit-booking. Major Indian cities also saw a dip in gold rates.