The Economic Times

Gold prices set for biggest daily gain since 2008 after historic crash. Should you buy?

Gold and silver surged on Tuesday, marking their strongest single-day rebound since last weeks historic sell-off. Gold rose above Rs 1,51,000, while silver also recovered sharply. Analysts attribute the bounce to technical oversold conditions, short covering, and safe-haven demand, with US economic data and Fed policy likely to influence near-term volatility.