Investment-Strategy

Let me be honest with you.

A few years ago, “job loss” conversations in Indian IT meant recession fears borrowed from the US — Twitter layoffs, Amazon layoffs, a headline that felt far away. That’s not what 2026 looks like. This year’s job losses aren’t announced in press releases. They’re happening quietly, one performance review at a time, and the reason isn’t a slowing economy — it’s AI.

If you work in Indian IT, this affects you whether or not you’ve felt it yet. Here’s the actual data, and a concrete plan for what to do about it.

Thursday: Gold Was ₹17,885 per Gram. Monday: ₹15,153.

That’s ₹2,732 gone per gram. In three trading days.

If you bought 100 grams of gold last Thursday (₹17.8 lakh), by Monday it was worth ₹15.1 lakh. You just watched ₹2.7 lakh disappear.

Silver? Even more brutal. From ₹4.2 lakh per kg to ₹2.5 lakh per kg. Down ₹1.65 lakh per kilogram.

Let me explain what just happened in Indian gold and silver markets, why the Union Budget duty cut didn’t prevent this crash, and what you should do if you’re planning to buy or already holding.