Silver Price Drops Sharply, Silver Coins Become ₹13,000 Cheaper
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Silver prices have dropped a lot in India. A silver coin is now ₹13,000 cheaper than last week. This is a very big fall in just seven days.
Gold prices have also fallen. Experts say this is a record drop for both metals. People feel sad about the fall. They call it a "sad face" for gold and silver.
If you want to buy gold or silver, you should check the rate first. Prices can be different in cities like Delhi and Mumbai. You can check prices for 24K, 22K, and 18K gold.
24K is the purest gold. 22K and 18K gold have less pure gold and more other metal. This changes the price.
Some people worry about more problems if prices fall again. A big fall can hurt buyers and sellers. Many people are watching the market closely now.
Vocabulary9 words
- silver coin
- a round piece of silver money or metal
- gold
- a yellow, valuable metal
- record
- the biggest or smallest ever
- rate
- the price of something
- 24K
- pure gold with no other metal
- 22K
- gold mixed with a little other metal
- 18K
- gold mixed with more other metal
- metal
- a hard material like iron or gold
- market
- the place or system where things are bought and sold
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Quiz
Answer key
1. ₹13,000 2. The rate 3. 24K
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Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
Silver prices have dropped a lot in _____. A silver coin is now _____ cheaper than last week.
_____ prices have also fallen. Experts say this is a _____ drop for both metals.
If you want to buy gold or silver, you should check the _____ first. Prices can be different in cities like _____ and Mumbai.
24K is the purest _____. 22K and 18K gold have less pure gold and more other metal.
Many people are watching the _____ closely now.
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