<h1>Silver and gold hit fresh highs on festival demand; traders should review AML/KYC, reporting and tax compliance risks</h1> Silver and gold prices in the national market reached fresh highs amid strong domestic festival-season demand, with silver up sharply and gold rising modestly. There are no reported legal actions or contract disputes in the report; however, sustained price spikes may attract regulatory attention concerning market manipulation, reporting obligations for large traders, AML/KYC compliance in bullion transactions, and tax implications for dealers and investors. Market participants should ensure adherence to commodity market regulations, accurate disclosure in trading and inventory records, and tax compliance to mitigate enforcement or civil liability risk.