•Gold and silver prices are highly volatile due to ongoing geopolitical tensions, particularly the Iran-US-Israel conflict.
•Spot gold rose 0.9% to $5,180.95/ounce and futures rose 1.7% to $5,190.86/ounce, despite initial falls, remaining within a $5,000-$5,200/oz range.
•Experts like Preeti Zende and Yash Sedani warn against buying gold at inflated levels, emphasizing long-term financial goals over short-term reactions.
•CA Bitang Shah suggests gradually building 10-15% gold exposure for less confident investors, but advises against chasing high prices.
•Investors can consider Gold ETFs or Sovereign Gold Bonds for liquidity and portfolio diversification, as gold acts as a safe haven during crises.