Amid a record rally in silver, Samarth Wealth Management founder and CEO Shivaji Vitthalrao has reminded investors of the 2011 collapse that caught traders off guard.

Silver prices, which had surged to Rs 1,77,000 per kg ahead of Dhanteras, slipped sharply to Rs 1,70,000 on Saturday, even as consumer demand remained strong, with coin sales up 35–40 per cent year-on-year and total value more than doubling. Advertisement

Vitthalrao, in a detailed social-media post on Friday, cautioned investors against getting carried away by price momentum. "Does anyone remember 2011 fall in #Silver? No one had time to exit, you know why?" he wrote on X.

Recalling his experience as a trader during the 2011 crash, he said, "Let me tell you the story as I was a trader in Silver too, back then. 29.04.2011,

See Full Page