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Is Now the Right Time to Buy Gold? Silver Down 50% From Peak, Expert Advice Revealed
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Gold, Silver Plunge: Is This the Right Time to Buy? Experts Weigh In
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News18
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23-03-2026, 18:23
Gold, Silver Plunge: Is This the Right Time to Buy? Experts Weigh In
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Precious metals market saw significant turmoil, with nearly $2 trillion decline due to aggressive profit-booking.
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Gold prices fell by 4.1% to ₹1,38,627 per 10 grams, while silver dropped 3.12% to ₹2,20,000 per kilogram in domestic market.
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International markets also saw declines, with spot gold falling 2.47% and silver near $67 per ounce.
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Gold is down 30% from its peak of ₹1.93 lakh, and silver is down 50% from its all-time high of ₹4.39 lakh.
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Experts suggest this dip is a buying opportunity for medium to long-term investors, advising buying in tranches.
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