Historic Sell-Off Hits Gold and Silver Markets Ahead of Union Budget
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Historic Sell-Off Hits Gold and Silver Markets Ahead of Union Budget

February 2, 2026
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Precious metals witnessed an unprecedented sell-off this week as gold and silver prices plunged sharply in global and domestic markets, wiping out significant value in one of the most dramatic corrections in years. The collapse coincided with heightened financial volatility and investor caution ahead of India’s Union Budget 2026–27 announcement.

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