Over the past week, silver prices have swung wildly, with analysts describing the moves as among the most turbulent since the 1980s. The sell-off intensified in Friday’s session, with investors continuing to aggressively offload silver, pushing prices firmly into the red for the year.
Experts said the status quo offers temporary rate stability for FD investors. With expectations of another round of easing still alive later in the year, the current environment may suit investors looking to secure fixed deposit yields before banks adjust rates lower in response to earlier policy cuts.
The move comes in response to repeated requests from industry stakeholders who flagged the regulatory challenges faced by funds nearing closure, particularly when inactive but entangled in prolonged disputes.
DynaSIF Equity Long–Short Fund aims to deliver long-term capital appreciation by taking selective long and short positions in listed equities and equity derivatives. The strategy will maintain a minimum 80% exposure to equities and equity derivatives, with the ability to take limited short exposure of up to 25% through derivatives.
MCX Silver futures for March delivery plunged nearly 10% to around Rs 2,43,000 per kg, marking a dramatic reversal from recent highs. Gold futures also weakened, though to a far lesser extent, with April contracts slipping about 3% to roughly Rs 1,48,500 per 10 grams.
On the domestic front, MCX gold April futures opened 3% higher at ₹1,58,420 per 10 grams compared with the previous close of ₹1,53,809. Prices touched an intraday high of ₹1,60,755, marking a gain of as much as 4.51%. Silver prices also saw a sharp rebound.
With spot gold at around $4,894 per ounce as of January 30, UBS has maintained its mid-year price forecast of $6,200 per ounce, implying upside of roughly 27% from current levels.
After a parabolic rally through January, both gold and silver witnessed a violent correction that erased a significant portion of recent gains. Data shows silver correcting more than 40% from its peak, while gold fell over 20% from record highs.
Fresh buying interest at lower levels triggered a sharp rebound in gold and silver-linked exchange traded funds (ETFs) on Tuesday, February 3, snapping a three-session sell-off and lifting prices in line with a strong recovery in MCX futures.
Many young professionals earning steady incomes are increasingly being nudged toward early home ownership. But high EMIs, joint ownership structures and optimistic rental assumptions can quietly stretch finances and raise long-term risks.
Reacting to the sharp fall, Robert Kiyosaki, author of the bestselling book Rich Dad Poor Dad, weighed in with a characteristically blunt assessment. In a post on X (formerly Twitter), Kiyosaki drew a parallel between consumer behaviour during retail sales and investor reactions during market crashes.
Using silver as a case study, the financial expert traces how a generation of investors entered the market at exactly the wrong emotional moment — and exited just as the fundamentals finally turned in their favour.
From April 1, 2026, only investors who subscribed to SGBs at the time of original issuance and held them continuously until maturity will be eligible for zero capital gains tax on redemption. Investors who purchased SGBs from the secondary market or exited before maturity will lose this exemption, making such gains taxable in FY 2026–27 and onwards.
Spot gold remained under strain in the latest session, sliding sharply to around 4,561.62, marking a steep 6.78% decline. Silver futures, meanwhile, continued to see extreme intraday swings, reflecting heightened nervousness among traders after last week’s dramatic correction.
Budget 2026 did not contain any specific announcements related to NPS contributions, tax benefits, withdrawals, or annuity rules. The scheme continues to operate under existing regulations and policy frameworks.
Managing Partner and CIO at Compcircle, Gurmeet Chadha, warned that after metals and crypto, AI and technology stocks could be next in line for a correction, arguing that markets inevitably flush out excesses — often suddenly.
Silver price today: Silver’s parabolic rally ended in a violent crash on Friday, with prices plunging up to 30% in what traders called a historic liquidity wipeout. The sell-off came just a day after the metal hit record highs across global and domestic markets. A Fed-driven macro shock, overbought technicals and forced liquidation amplified the fall.
Gold and silver prices have suffered a sharp correction after scaling record highs, triggering renewed volatility across precious metals. Analysts say the sell-off reflects stretched valuations in silver, even as long-term fundamentals remain intact.
At the heart of the demand are three long-standing issues: rationalisation of the flat 30% capital gains tax, permission to offset losses, and a relook at the 1% tax deducted at source (TDS) on every crypto transaction.
As per World Gold Council (WGC), jewellery demand by volume fell 24% year-on-year to 430.5 tonnes in India, underscoring how successive record gold prices discouraged buyers from purchasing larger quantities.
Gold prices slipped after scaling historic peaks earlier this month. On the MCX, 24-carat gold futures were trading at Rs 1,55,569 per 10 grams on January 30, down about 9 per cent from the previous close, after touching a record Rs 1,82,130 a day earlier.





