Silver crashes Rs 17,800/kg, gold dives Rs 7,000 on global selloff
New Delhi, Mar 19 (PTI) Silver prices tanked Rs 17,800 to Rs 2.38 lakh per kilogram in the national capital on Thursday, while gold dropped Rs 7,000 to Rs 1.53 lakh per 10 grams following a sharp selloff in global commodity markets. According to the All India Sarafa Association, the white metal slumped by Rs 17,800, or nearly 7 per cent, to Rs 2,38,700 per kg (inclusive of all taxes) from Wednesday’s closing level of Rs 2,56,500 per kg. Silver has now declined sharply by Rs 1,65,800 per kilogram, or 41 per cent, from its lifetime high of Rs 4,04,500