Silver prices tank Rs 8,200, below Rs 2.5 lakh, gold down Rs 1,000. Should investors buy this dip?
Gold and silver futures opened sharply lower on the MCX on Monday as investors booked profits after the previous session’s rally. Gold futures for April 2026 fell Rs 1,000 to Rs 1,54,905 per 10 grams, while silver dropped 3.3%. In global markets, spot gold and silver also declined after strong gains on Friday, reflecting cautious sentiment.