Even 50% Could Fall… - Economist Anand Srinivasan’s Big Prediction on Gold and Silver Prices
Gold prices have been continuously hitting record highs over the past few weeks, with silver prices also surging in tandem. This sharp rise has driven many investors to purchase both metals aggressively. However, renowned economist Anand Srinivasan has now issued a strong warning - suggesting that silver prices could drop by as much as 50% in the coming days.
Gold and Silver at Record Highs
Since the beginning of this year, gold prices have been rising steadily, driven by factors such as global economic instability, geopolitical tensions, and political uncertainties in the U.S., including those surrounding Donald Trump. Silver, too, has mirrored this upward trend and even outperformed gold in certain weeks.
However, recent market movements indicate a gradual decline in both gold and silver prices. Amidst this shift, questions have emerged — *which metal will fall more, and how deep will the correction be?*
Anand Srinivasan’s Warning
Speaking about the current trend, economist Anand Srinivasan said:
“At Mumbai’s Zaveri Bazaar, which determines gold and silver rates across India, traders have stopped taking new silver orders. Everyone seems to be buying in bulk — 200 kg, even 300 kg at a time — without knowing what to do with it. Many people are hoarding silver without any plan.”
He further added a strong caution:
“Silver has only dropped a few percent so far, but it could fall by 50%. Many people are buying silver indiscriminately — they’ll learn their lesson only after facing losses. Silver investors are going to feel the pain.”
Gold Price Trend
On gold, Srinivasan noted:
“Gold prices have been declining slightly, but a major fall is unlikely. It’s doubtful if gold will ever go below ₹10,000 per gram. Even if it does, it will never fall below ₹9,000.”
The Problem with Silver
In a follow-up statement, he explained why silver behaves differently from gold:
“Silver isn’t a currency metal; it’s primarily used in industry. Its price fluctuates depending on industrial demand. Gold, on the other hand, is considered a currency metal by central banks — even platinum isn’t. You can’t even get a loan against silver.”
Srinivasan pointed out that silver has experienced several major crashes in history:
“At times, silver has fallen by as much as 90%. In India, silver has given losses for 3 to 4 years out of the last seven. If silver goes up by 40–50%, it typically comes down by around 25%. For instance, if it rises from ₹0 to ₹40, it can fall back to ₹20. If you buy below ₹20, there’s no problem — but if you buy above ₹20, you’ll get caught.”
With his stark analysis, Srinivasan has urged investors to exercise caution in the coming days, especially as market volatility remains high and silver prices show signs of correction.
