The global bullion market witnessed an extraordinary "capitulation event" on Friday, January 30, as gold and silver prices suffered their most severe single-day crashes since 2013. In India, gold futures on the MCX dived by nearly 9% to an intraday low of INR 1,67,406 per 10 grams, while silver experienced a staggering 17% collapse, crashing from its record high of INR 4.2 lakh to just INR 3.32 lakh per kilogram. Amid the bloodbath, know when was the last time gold and silver prices crashed.
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