New Delhi. There was a huge fall in the prices of gold and silver on September 2. According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has fallen by Rs 1,999 to Rs 1.51 lakh. The price of one kg silver has fallen by Rs 2,023 today to Rs 2.28 lakh. After PM Narendra Modi's appeal, silver has become cheaper by Rs 8,803 and gold by Rs 4,651 in just 2 days. Yesterday, gold became cheaper by Rs 2,652 and silver by Rs 6,780.
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Effect of PM Modi's appeal not to buy unnecessary gold
According to market expert Anuj Gupta, due to PM Narendra Modi's appeal, there is pressure on the price of gold. Apart from this, due to rise in the price of crude oil, gold and silver have also declined. America has attacked an Iranian island in the Strait of Hormuz. Iran also attacked US bases in Jordan.