Gold Crash Alert: Prices Could Plunge from ₹1,22,000 to ₹77,700, Expert Warns Investors

Investors and common consumers were expecting gold and silver prices to hit new highs by Diwali, but experts are now issuing a warning. According to market strategist Amit Goyal, gold and silver prices are at risk of a major crash, with gold potentially dropping from ₹1,22,000 per 10 grams to ₹77,700, and silver possibly falling from ₹1,54,900 per kilogram to ₹77,450.

⚠️ Expert Warning: Is the Bull Run Over?

Amit Goyal, Co-founder and Chief Global Strategist at PACE 360, which manages over $2.4 billion in assets, believes the current surge in precious metals is unsustainable. According to him:

• Gold and silver prices have overshot their intrinsic value.

• The market is due for a major correction, similar to historical crashes.

• The recent rally represents one of the largest gold and silver booms in decades.

Goyal cited the 2007-08 and 2011 gold rallies, where prices dropped by up to 45% after hitting extreme highs.

📊 Current Gold and Silver Prices

• International Markets:

  • Gold: ~$4,000 per ounce

  • Silver: ~$50 per ounce

• Domestic Prices (October 8, 2025, Delhi):

  • 24-carat Gold: ₹1,22,540 per 10 grams

  • Silver: ₹1,57,900 per kilogram

💹 How Much Could Gold and Silver Fall?

• Gold: Expected to drop 30–35%, potentially to ₹77,700 per 10 grams in India.

• Silver: Could fall up to 50%, potentially reaching ₹77,450 per kilogram.

Goyal points out that silver is currently showing the highest level of market mania, making it more vulnerable than gold.

🔮 When Could Reinvestment Be Attractive?

• Gold: If prices fall to $2,600–$2,700 per ounce, it would become a strong investment again.

• Silver: Goyal is less optimistic due to the potential global economic slowdown, which could weaken industrial demand for silver in sectors like photovoltaics, semiconductors, and electric vehicles.

⚡ Short-Term Rally, Long-Term Correction

Even though gold and silver may see small rallies in the coming days, Goyal believes these will be temporary. A regime change in market trend is imminent, after which precious metals may again become a strong long-term investment.

📝 Investor Advice

• Wait Before Investing: Goyal recommends holding off on buying gold or silver until the market correction occurs.

• Current Market Risk: The ongoing rally may be partially a bubble, and prices could crash soon.

• Opportunity Post-Crash: Once prices adjust, both metals will present better long-term investment opportunities.

Bottom line: Investors should remain cautious now, as gold and silver are approaching a potentially historic correction.