New Delhi, 10th Oct 2025: Recently, the prices of gold and silver have reached all-time highs. The price of 24-carat gold has touched nearly Rs77,700 per 10 grams, while silver is soaring towards Rs90,000 per kilogram, setting new records day by day.
However, experts are warning that this rally may not last long. According to market forecasts, a major crash in both gold and silver prices is expected soon — possibly within the next month.
While many brokers and market analysts believe the price uptrend may continue, Amit Goyal, co-founder and Chief Global Strategist of Pace 360 (an asset management firm handling over $2.4 billion in assets), predicts a significant downturn in precious metals. He stated that both gold and silver are now at high risk, and prices are likely to correct sharply.
Goyal pointed out that in the last 40 years, only twice has such a price surge been observed when the U.S. dollar index was weak, similar to the current situation. Based on historical trends, he believes the bull run in the market is nearing its end.
Key Predictions by Goyal:
- Gold price may fall by up to 35Percent
- Silver price could drop by as much as 50Percent
- Similar crashes of around 45Percent occurred in 2007-08 and 2010-11
- Silver may decline more sharply than gold
Goyal estimates that gold prices could drop to around Rs50,000 per 10 grams, and silver could fall to Rs45,000 per kilogram. He suggests that investors should wait until gold drops to $2,600–$2,700 per ounce before re-entering the market. At that level, he believes gold will once again become one of the best investment assets globally.
Summary:
While current prices seem attractive to sellers, experts advise caution for buyers, as a major correction is likely imminent.
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