After making two double tops in quick time, gold prices have crashed. Gold reached an all-time high of 4381.58 and now trades around $3,941, nearly 10% lower.
Silver also saw selling pressure as the price fell below $47 per ounce. Last week, silver fell more than 6% as profit-taking slammed the market amid fears of overvaluation following the metal’s run to record levels.
Gold price today in India is Rs 1,18,210. After reaching to all-time high level of around Rs 1,30,620 on October 20, the price has fallen by about Rs 12,000 or 10% from record high.
So far in 2025, gold prices have increased by nearly 50%, driven by economic and geopolitical uncertainty as well as strong central bank purchases. Silver is up by 60% year-to-date.
Of late, both gold and silver prices have crashed by ove

Financial Express

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