Gold, Silver Prices Plunge: Biggest Weekly Fall Since 1983 Amid Iran-Israel War

• Gold and silver prices experienced a significant decline, with gold seeing its biggest weekly fall (11%) since 1983.
• The Iran-Israel conflict and reduced expectations of interest rate cuts are impacting prices and global growth.
• Experts predict sharp fluctuations in gold prices throughout April, with a potential upward trend in the long term.
• Gold is expected to re-emerge as a safe investment, especially in a stagflation environment, with central banks increasing reserves.
• In India, gold prices are influenced by international rates, USD strength, and INR value; long-term investment via SIP is advised.