Saturday, March 29, 2025
Experts Issue Major Warning on Gold Prices: Prices Could Drop Significantly!
Silver is increasingly becoming unaffordable for the common person.
Gold prices in India have surged to nearly ₹1.38 lakh, while silver has crossed ₹2.23 lakh per kilogram. These skyrocketing rates are shocking for ordinary people. However, amid this rise, experts urge caution. According to specialists, if market conditions stabilize, gold could become ₹10,000 to ₹15,000 cheaper, and silver prices might fall by 10 to 20 percent.
What’s Driving the Surge?
Currently, trading volume in the market is low, and major players are not very active. As a result, prices are rising rapidly. Silver has already jumped about 30% in just a few days, so a sudden drop is possible.
Weak Actual Buying
Demand for jewelry has plummeted at these high prices. In markets like India and Dubai, gold and silver are selling at a discount. Most investments are now flowing into ETFs and other financial instruments rather than physical purchases.
Impact on the Common Person
Rising inflation has reduced buying for weddings and jewelry. People are opting for lighter and lower-carat pieces. Silver, in particular, is slipping out of reach for everyday buyers.
