Gold prices are at an all-time high. For those looking to buy gold and silver in the festive season, the big question is – buy now or wait for prices to fall? Experts say there is a possibility of short-term volatility, but in the long run, gold and silver will remain strong investments.
Experts guesses. The future of gold and silver
According to experts, the gold market is currently in an “overbought” position, which means that prices could fall slightly due to profit-booking soon. But in the long run, the signs are positive.
- Goldman Sachs estimates that gold could reach $4,000 an ounce by mid 2026 and $4,300 by December 2026.
- For silver, HSBC says silver is likely to range between $45-53 an ounce in 2025 and $40-55 per ounce in 2026.
This means that despite fluctuations in both metals, there is a possibility of growth.
Are you going to buy or stop this holiday season?
- Tradition or wedding purchase: If you want to buy gold and silver for Diwali or wedding, experts advise you to buy it right now. A major fall in prices is expected to be low, and profit-booking time is uncertain. Global tensions, such as rising tensions between China and the US, could push prices up further.
- Investing: If you want to buy gold or silver for investment, then it is better to wait a little. Prices are still at a high level, and can get better returns in case of profit-booking or stability.
Smart way to buy
- If your purchase is not for a wedding or tradition, then investing in a gold-silver ETF (Exchange Traded Fund) can be a good option. It is safe and cost-effective.
- Regular investment: Introducing a Systematic Investment Plan (SIP) in gold during the festive season can also be a smart step. This will benefit you from market volatility.
Caution required
Consult your financial advisor before investing. The risk of market volatility is always there, and it is important to take the right steps at the right time.
Note: This article is for informative purposes only. Consult your financial advisor before making any investment decisions.
Frequently asked questions
Q1: Is gold prices likely to fall soon?
A short-term decline is possible due to profit-booking, but a long-term trend indicates growth.
Q2: Should I buy gold for the wedding now?
Yes, especially for occasions like weddings or Diwali, as there seems little chance of a major fall in prices.
Q3: Is it a good idea to invest in silver right now?
Yes, but its price is expected to be in the range of $45-55 in the next few years.
Q4: What is the safest way to invest in gold?
ETFs and systematic investment schemes provide safe entry points with lower risk than buying physical gold at maximum prices.
