Gold, Silver Prices Soar to Records, But Experts Warn of Imminent 20% Crash

• Gold reached 1.40 lakh (domestic) and $4500/ounce (international); silver exceeded 2.50 lakh/kg (domestic).
• Experts warn of a sharp correction: 10-20% drop for silver, 10-15k for gold, potentially in a single day.
• Current price surge is investment-driven, not due to genuine demand; low trading volume during holiday season.
• Weak consumer demand evident from reports of discounts in Dubai and India, and declining jewelry sales.
• Advice: Wait to buy jewelry, invest gradually; long-term value of gold and silver remains despite short-term shocks.

Why It Matters: Record gold and silver prices face imminent sharp correction; experts advise caution for buyers and investors.