Silver jumps nearly Rs 11,000, nears Rs 3 lakh; gold up 3%. Is it too late to buy?

Gold and silver futures extended gains for a second session, driven by geopolitical tensions after the US shot down an Iranian drone, along with bargain buying and a softer dollar. MCX silver jumped 4% and gold rose 3%, while global prices surged to multi-year highs. Analysts expect continued volatility amid dollar moves and geopolitical risks.