Silver plunges another 4%, cracks Rs 1.45 lakh in 3 days; gold slides Rs 4,200/10 gm. What should investors do?
Precious metals are witnessing high volatility, with silver likely to hold support near $65 and gold around $4,440 per troy ounce, says Manoj Kumar Jain of Prithvi Finmart. Prices remain sensitive to dollar fluctuations and geopolitical tensions. On MCX, gold and silver have defined support and resistance levels. Jain advises investors to wait for stability before taking fresh positions.