New Delhi, Dec. 30 -- Silver prices delivered one of their sharpest and most volatile moves in recent history on December 29, prompting Nithin Kamath, co-founder and chief executive officer of Zerodha, to caution that while such swings may appear ideal for traders, they can quickly turn into a nightmare.

Silver prices gyrated sharply on Monday. The white metal plunged after hitting record highs earlier in the day - recording its wildest swing in almost five years, as per a Reuters report.

Referring to the MCX Silver futures chart, Kamath highlighted both the allure and the danger of extreme price action.

"This type of move is what every trader dreams of capturing, but it can also be a nightmare to manage without a good understanding of...