Baba Vanga’s Gold and Silver Prophecy Back in Spotlight Amid Market Turbulence

New Delhi — Predictions attributed to Bulgarian mystic Baba Vanga, often dubbed the “Nostradamus of the Balkans,” have resurfaced in public debate as volatility in gold and silver prices shakes global financial markets.

Baba Vanga, known for a series of widely discussed prophecies about world events and economic upheavals, had reportedly warned of a major global cash crisis and a growing reliance on precious metals. According to accounts of her predictions, gold, silver and copper would emerge as critical stores of value during a period of financial instability.

The prophecy of a “cash crash”

Supporters of Vanga’s prophecies claim she foresaw a global “cash crash” around 2026, suggesting that paper currencies would lose public trust and that hard assets such as precious metals would become safe havens. While such claims remain part of popular folklore rather than verified economic forecasting, recent price swings in bullion markets have renewed interest in her words.

Surge followed by sharp correction

Over the past year, gold and silver saw an extraordinary rally. On the MCX exchange, gold prices reportedly touched ₹1.80 lakh per 10 grams, marking an annual rise of roughly 70%. Silver surged even more dramatically, crossing ₹4 lakh per kilogram and delivering returns exceeding 160% over the same period.

However, markets reversed sharply on January 30, triggering a steep three-day decline that erased a significant portion of recent gains. The sudden correction prompted heavy selling in digital and paper gold holdings, while bargain buyers entered the market hoping to capitalize on lower prices.

The volatility coincided with weakness in the US dollar, adding to broader concerns about global financial stability.

Recovery underway

After the correction, bullion prices have begun climbing again. By Wednesday evening, April-delivery gold contracts were trading near ₹1.59 lakh, up more than ₹5,000 on the session, while March silver contracts stood around ₹2.84 lakh.

Market analysts note that regardless of short-term fluctuations, precious metals continue to attract investors seeking protection from inflation and currency risk. Interest in traditional bank deposits and fixed-income savings instruments has softened as more investors diversify into hard assets.

Whether or not Baba Vanga’s prophecy holds symbolic relevance, the renewed fascination underscores a timeless investor instinct: in uncertain times, the appeal of gold and silver rarely fades.