Tue Dec 30 03:40:00 UTC 2025: Okay, here’s a summary of the text and a rewritten version as a news article:
Summary:
Gold and silver prices in Lucknow, India, experienced a significant drop on Monday evening. Gold fell by ₹2,000 per 10 grams, while silver plummeted by ₹35,000 per kilogram. This sudden decrease provides a potential opportunity for consumers, especially those with upcoming weddings. However, it might be a setback for short-term investors, though long-term investors are still expected to benefit from an increase in prices in the long run.
News Article:
Gold and Silver Prices Plummet in Lucknow, Offering Relief to Consumers
Lucknow, India – A sudden and significant drop in gold and silver prices was recorded in Lucknow on Monday evening, according to the Chowk Sarafa Association. The price of gold fell by ₹2,000 per 10 grams, settling at ₹1,39,000, while silver experienced a dramatic drop of ₹35,000 per kilogram, closing at ₹2,35,000.
Vinod Maheshwari, General Secretary of the Association, confirmed the price shift, noting that gold had been trading at ₹1,41,400 per 10 grams on Sunday, while silver was selling at ₹2.70 lakh per kilogram.
“New prices will be available tomorrow,” Maheshwari said, suggesting that the market is still adjusting to the change. He predicted that silver prices are unlikely to increase significantly in the near future.
According to Maheshwari, the sudden downturn may be a setback for short-term investors in precious metals. However, he maintains optimism for those with a long-term investment strategy, stating that both gold and silver prices are expected to rise in the future.
The price drop is particularly good news for families planning weddings, as they now have the opportunity to purchase gold and silver jewelry at more favorable rates. “This is a relief for families with upcoming weddings,” Maheshwari added. “They can check Tuesday’s rates and consider purchasing then, as such a significant drop in both gold and silver prices has not been seen in many days.”
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