•Despite historical trends, gold and silver prices are falling in India during the Iran War, contrary to expectations of a surge.
•Market expert Anil Rai attributes the decline to the 'oil game' strengthening the dollar, which has an inverse relationship with gold prices.
•Gold (24-carat) dropped by ₹24,000 per 10 grams in a month, while silver crashed by over ₹1.5 lakh per kilogram.
•Recent tensions in the Middle East and crude oil prices exceeding $100 per barrel have caused a slight rebound in gold and silver prices.
•Experts suggest silver has a strong outlook due to increasing industrial demand in AI and data centers, recommending staggered purchases for volatile markets.
