Gold, Silver Prices Crash Amid Iran-Israel War: Dollar Strength Key Factor

• Despite geopolitical instability, gold and silver prices are declining in the Indian market, breaking the usual trend of rising during wars.
• SEBI expert Anil Rai attributes this reverse trend to rising oil prices strengthening the dollar, with the Dollar Index exceeding 100.
• A stronger dollar makes gold more expensive, reducing demand and value, impacting gold prices.
• Long-term investors are advised not to sell gold, but traders should be cautious as prices may fall further.
• Silver prices are expected to recover and potentially outperform gold due to increased demand from solar panels and AI data centers.