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Gold and silver prices in India have reached unprecedented levels, with 24-carat gold touching Rs 1.30 lakh per 10 grams and silver climbing to Rs 1.58 lakh per kilogram. This surge has prompted investors to reconsider their strategies: should they buy now or wait for a potential correction?

MCX Futures Surge

On the Multi Commodity Exchange (MCX), gold futures for December delivery experienced a significant rally, rising by Rs 3,580 (2.82%) to Rs 1,30,588 per 10 grams. Notably, on Friday, gold futures surged to an all-time high of Rs1,32,294 before settling at Rs1,27,008, marking a sharp decline from the peak.

Similarly, silver futures for December delivery rose by Rs 1,571 (1%) to Rs 1,58,175 per kilogram. Despite this gain,

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