Gold Hits ₹96,000/10g — Should You Buy More?

Gold and silver prices have stalled near record highs as US-Iran talks reduce global panic buying. For Indian investors holding gold ETFs, SGBs, or jewellery, a flat market means your money isn't growing — but it may not fall sharply either.

Here's what happened: International gold prices slipped about 1% last week as geopolitical tensions eased slightly, reducing safe-haven demand from global investors.. Silver fell nearly 2% in the same period, signalling that industrial and investment demand for precious metals is softening near-term.. Analysts expect gold and silver to trade in a tight range in the short term until US-Iran talks produce a clear outcome either way..

What you should do: Hold, don't panic-sell: if you own gold ETFs or SGBs, a rangebound phase is normal — exit only if your financial goal is within 6 months.. Avoid lump-sum gold purchases right now — use SIP mode in gold mutual funds to average your cost if prices dip during this flat phase.. Compare Sovereign Gold Bonds in the secondary market on NSE/BSE — they often trade below face value during calm periods, offering a better entry point..

Sovereign Gold Bonds pay 2.5% annual interest ON TOP of gold price gains — no other gold investment does this. Always check secondary market SGB prices before buying a new tranche.