Gold-Silver Prices Crash: Buy the Dip or Beware? Expert Opinions Divided

• Gold and silver prices saw a sharp decline, with gold falling 10% and silver over 27% globally, marking the biggest single-day drop since the early 1980s for gold.
• The sell-off was primarily driven by a strengthening US dollar and profit-booking after rapid price increases, with the dollar index rising due to potential Fed Chair Kevin Warsh.
• Experts like Satish Dondapati noted market overheating and perception of a hawkish US Federal Reserve stance on interest rates as contributing factors.
• While some experts see a long-term buying opportunity for gold, predicting $6,000-$8,000 per ounce, others warn against silver, calling it 'overbought' with potential for further declines.
• Advice includes phased investment for silver due to its volatility, and a strong warning from WhiteOak Capital to book profits in silver and re-balance portfolios towards diversified equities.

Why It Matters: Gold and silver prices crashed, leading to divided expert opinions on whether it's a buying opportunity or a warning.