Gold and Silver Prices Near Record Highs Amidst Bullish Trend and Investor Caution

Gold and silver prices are trading near record highs, prompting caution among investors. While the broader trend remains bullish, market experts advise strategic entry points rather than chasing momentum. MCX Gold shows strong positive momentum, with potential to reach Rs 1,45,000-Rs 1,48,000 if it breaks Rs 1,43,000. However, a 'buy-on-dips' strategy in the Rs 1,38,000-Rs 1,40,000 range is preferred, maintaining the bullish outlook as long as support holds. Global cues also support the upward trend.