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Silver and gold prices witnessed sharp volatility on Friday, with silver tumbling around Rs 15,000 on the Multi Commodity Exchange (MCX) and gold slipping below the Rs 1.5 lakh per 10 gram level. The steep correction came amid weak global cues, a stronger US dollar and profit booking after a prolonged rally, prompting investors to reassess their strategy on whether to buy on dips or remain cautious.

Silver price slides Rs 15,000 on MCX, gold falls below Rs 1.5 lakh - Buy on dips or wait?

Gold and silver prices fell sharply in futures trade during the special live trading session on Sunday, with both metals hitting the lower circuit of 9 per cent on the Multi Commodity Exchange (MCX), following one of their steepest single-day falls in recent months.

Gold and Silver prices hit lower circuit on MCX; Prices slide up to 9% in special budget session

Gold and silver prices witnessed a historic fall in the latest trading session, recording their sharpest intraday percentage decline in decades, triggering sharp volatility across domestic and international markets. Gold prices fell 11 per cent, marking the biggest intraday percentage drop since 1983. Silver prices plunged 31 per cent, registering their steepest intraday fall since 1980.

Silver price crashes by Rs 1.08 lakh, gold tumbles by Rs 20,000: Should investors sell or hold? Anil Singhvi and other experts weigh in

Gold and silver prices fell sharply in recent trading sessions, triggering caution among investors amid heightened volatility in the precious metals market.&nbsp;Silver futures for March 5 witnessed a steep fall, declining by Rs 47,893, or 12 per cent, to Rs 3,52,000 in a single session. Gold futures for February 5 also moved lower, falling by Rs 8,503, or 5 per cent, to Rs 1,60,900 during the same period.

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Gold, Silver Price Crash: How far can correction go and should you sell your ETFs? Experts weigh in

Geopolitical tensions continue to be the main drivers of the prices of gold and silver. Trump raised the tension by imposing 25 per cent tariffs on countries trading with Iran, while at the same time, he was hinting at possible military action as protests in Iran got worse.

Gold price cools after record run; silver reaches new peak at Rs 2,72,202 — What’s driving the rally?