Thu Oct 09 04:00:00 UTC 2025: Okay, here’s a news article summarizing the provided text:
**Headline: Gold and Silver Prices Plunge Ahead of Karwa Chauth, Offering Relief to Consumers**
**New Delhi:** In a welcome respite for consumers, gold and silver prices have seen a significant drop today, October 9th, providing some relief ahead of the Karwa Chauth festival.
Around 10:00 AM, the price of gold fell by over ₹150, while silver experienced a sharper decline of over ₹1100. This comes after a period of record highs for both precious metals, with gold reaching an all-time high yesterday.
On the Multi Commodity Exchange (MCX), gold was trading at ₹123,093 per 10 grams on October 8th, but has since dipped, falling by ₹116, recording a low of ₹122,111 per 10 grams. Silver saw a larger drop, with 1 kg of silver trading at ₹148,680 on MCX around 10:10 AM, reflecting a decrease of ₹1175, recording a low of ₹143900 per kg.
Yesterday, gold prices surged, with the 10 gram price reaching ₹1,22,000, and the international price crossing $4000. It is worth noting that just before Diwali, record gold prices are affecting customers’ purchasing power, pushing them to opt for light-weight jewellery.
First Piper 