New Delhi, March 27 -- It's been almost one month since the US-Israeli war with Iran, which kicked off on February 28. And despite the heightened geopolitical tensions, the gold and silver - known for their safe-haven appeal - have taken a sharp beating, raising concerns around a possible end to the bull run in bullion.

Gold prices have crashed 16% in a month, and the silver rate is down 27%. The correction stems primarily from liquidity pressures and fading Federal Reserve rate-cut bets.

"Broader market sell-offs have forced investors to liquidate precious metals to meet margin calls, amplifying downside momentum. Concurrently, persistent inflation, driven by elevated crude oil prices, has prompted the markets to recalibrate their rate...