Gold Prices Down 30%: Why Ajay Kedia Sees A New Bull Run Ahead | Gold & Silver Outlook
Gold Prices Down 30%: Why Ajay Kedia Sees A New Bull Run Ahead | Gold & Silver Outlook
Sakshi Batra
- Updated Nov 7, 2026 2:00 PM IST
Is this the right time to buy gold and silver ahead of Dhanteras? Ajay Kedia, MD & Director, Kedia Advisory, believes the current correction offers an attractive buying opportunity for investors. Citing historical trends during the 2008 global financial crisis and the Russia-Ukraine war in 2022, he explains how gold prices rallied sharply after crude oil-driven corrections. With central bank purchases and ETF investments remaining strong, he expects a fresh bull run in gold as crude prices ease. He recommends buying physical gold and silver at current levels, calling this an opportune time for festive purchases.