Silver Plunges Over 5 Years' Low, Experts Advise Caution Amid Stabilization

• Silver saw its largest single-day fall in over five years (9%), with gold also dropping 4.4%, causing investor unease.
• Despite the sharp decline, silver prices are stabilizing above $71 per ounce, and gold is at $4,336.86.
• Gold and silver are still poised for their best annual performance since 1979, driven by central bank purchases, ETF investments, and US Federal Reserve rate cuts.
• Lower interest rates generally benefit commodities like gold and silver as they do not bear interest.
• Manoj Kumar Jain of Prithvi Finmart suggests investing in zinc and natural gas instead of gold/silver, providing specific MCX contract recommendations.

Why It Matters: Silver saw a massive fall but is stabilizing; experts suggest alternative investments despite metals' strong annual outlook.