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The cities affected include Lucknow, Kanpur, Varanasi, Gorakhpur, Agra, Prayagraj, and Bareilly.
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The price of 22-carat gold dropped by Rs. 350 per 10 grams.
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The rate of 24-carat gold fell by Rs. 370 per 10 grams.
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The cost of silver also decreased by Rs. 100 per kilogram.
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The price drop is due to the strengthening of the Indian rupee against the US dollar and weak global cues.
However, the demand for gold and silver remains stable due to the ongoing wedding season.
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Experts predict that prices of these precious metals may continue to fluctuate in the short term due to global and domestic factors.
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Investors are advised to keep an eye on the market and make informed decisions.
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Gold and silver remain popular investments due to their historical value and potential for long-term growth.
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