Ajay Kedia of Kedia Commodities anticipates near-term volatility in gold and silver prices due to the Bloomberg Commodity Index rebalancing, potentially causing a 20-22% correction after significant 2025 gains. He estimates billions in outflows from gold and silver futures. Despite this technical adjustment, Kedia remains structurally bullish on precious metals due to persistent supply-demand imbalances and expects a sustained deficit in silver. He advises caution on new long positions ahead of key macro economic data and interest rate expectations.