Gold, Silver Soar to Record Highs: Experts Warn of Imminent 20% Crash!

• Gold hits Rs 1.41 Lakh in India and $4,500/ounce internationally; Silver crosses Rs 2.40 Lakh/kg, reaching historic peaks.
• Experts warn of a potential 10-20% single-day price correction for both gold and silver after their unprecedented surge.
• The rally is primarily driven by investments and large fund inflows, with consumer demand for jewellery significantly declining.
• Geopolitical tensions, a weak dollar, and expectations of monetary policy easing are cited as reasons for the price surge.
• Jewellery sales are down, and consumers are opting for lighter gold, while experts advise waiting for a correction before buying.

Why It Matters: Record gold and silver prices face expert warnings of a sharp 10-20% correction; consumer demand is low.