Silver prices soar by Rs 12,600 per kg to inch near Rs 3.4 lakh, Gold hits Rs 1.6 lakh mark. What should investors do?

Gold and silver surged to fresh highs on Friday, extending recent gains amid geopolitical tensions, a weaker US dollar, and expectations of Federal Reserve rate cuts at its upcoming January 27 meeting. Market uncertainty was also fueled by comments from US President Donald Trump on securing permanent US access to Greenland, though the deals details remain unclear and Denmark rejected any challenge to its sovereignty.