Gold, Silver Soar to Record Highs: What's Next for Precious Metals?

• Gold and silver prices have hit unprecedented levels, with gold at ₹1.40 lakh in India and silver crossing ₹2.50 lakh per kg domestically.
• Factors like geopolitical tensions, a weak dollar, and anticipated monetary policy easing are driving the surge.
• Experts predict gold could reach ₹1,50,000-₹1,60,000 per 10 grams by 2026 due to de-dollarization and safe-haven demand.
• The jewelry industry faces a slowdown, with consumers shifting to lighter carat gold due to high prices.
• Strong industrial demand from EVs, solar, and electronics, along with supply constraints, is boosting silver prices.

Why It Matters: Gold and silver prices are at record highs, driven by global factors, with experts forecasting continued strength.