Indian gold and silver prices have been on a boosted rally in recent months this, hitting all-time highs credits to combination of global economic instability and local demand. But experts advise caution of probable volatility and a crash sooner rather than later as market conditions change.
Latest Gold and Silver Prices in India
As of today, i.e. October 15, 2025, the rates for 24-carat gold are around ₹12,889 per gram, with 22-carat gold priced at ₹11,815 and 18-carat gold priced at ₹9,697 per gram in the prominent Indian cities of Mumbai, Delhi, and Chennai. In quantities of 100 grams, 24-carat gold is sold for around ₹12,86,800. Silver prices have also rallied, touching ₹1,900 per 10 grams and ₹1,90,000 per kilogram, showing a strong increase of almost ₹10,000 in the last three days alone. This record-high rally is fuelled by safe-haven buying on the back of geopolitical tensions and anticipation of monetary easing with inflation in India dipping below 2%.
Chance of Volatility and Crash
Even as the rally has been sizzling, market experts and analysts caution. Amit Goyal, PACE 360 Co-founder and Chief Global Strategist, has cautioned that precious metals such as silver and gold are at “their most perilous peak in decades.” In the past, peaks with a weakening dollar index have frequently been followed by major gold and silver price crashes. Goyal opines a potential sharp correction of 50% or more in the months ahead, warning investors of overvaluation risk and the weak worldwide economic climate. Others reflect fears regarding effects of probable monetary tightening by the central banks and geopolitical developments that might induce price corrections.
Factors Affecting Price Trends
The gold and silver price rally currently is based mainly on
- Safe-haven purchasing amidst geopolitical tensions and unstable global trade relations.
- Expectations of loosening monetary policy as inflation decreases in India and elsewhere.
- Lower real interest rates, which are beneficial to non-yielding assets such as precious metals.
- Robust domestic consumption before the wedding and festive seasons.
But these positive factors are further boosted by phenomenons like increasing bond yields, falling Indian Rupee against U.S. dollar, and policy normalisation speculation, all adding up to increased volatility risks.
Expert Opinion and Investor Advice
Experts advise investors to stay alert on market hints and avoid reckless buying based on price momentum alone. Diversification into related classes of assets and regular booking of profits in gold and silver holdings are recommended to manage risk. Investors interested in precious metals are advised to closely watch global economic indicators, central bank actions, and geopolitical events to forecast sudden reversal in price.
Nutshell
Gold and silver prices in India are still high and can stick to the upward trend in the short term. However, the potential threat of a major correction demands cautious investing and preparedness for greater market volatility.
