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Silver ETFs Jump Up To 10%, Gold ETFs Gain Over 3% On Record Bullion Prices
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Silver ETFs surged nearly 10 percent and Gold ETFs jumped 3.35 percent on Friday amid record prices, following a sharp sell-off on January 22.
Global Bullion Rally Sparks Sharp Gains in Indian Gold, Silver ETFs
Silver and Gold ETFs: Silver ETFs (Exchange Traded Fund) on Friday jumped almost 10 per cent amid the record high prices of physical silver. Gold ETFs also saw a sharp jump of 3.35 per cent, reflecting a strong inflow of money.
Tata Silver ETF surged 10 per cent on January 23, trading at Rs 30.50 per unit. ICICI Prudential Silver ETF also jumped 8.11 per cent to Rs 311.64 per unit. UTI Silver ETF, Aditya Brila Sun Life Silver ETF, Nippon India Silver ETF, Zerodha Silver ETF also followed the same trajectory.
Likewise, Edelweiss Gold ETF surged 3.43 per cent to trade at Rs 155.45 per unit. Meanwhile, other ETFs such as Angel One, ICICI Prudential Gold, UTI (Gold Beta), Mirae Asset Gold also rose up to 3 per cent.
Meanwhile, at the international commodity futures market, gold is closer to the record $5,000 per ounce-mark at COMEX, while Silver is eyeing $100 per ounce-mark soon, standing at $98 per ounce.
Gold, Silver ETFs Slump On Thursday
Gold and silver exchange-traded funds (ETFs) witnessed a sharp sell-off on January 22, with some silver ETFs plunging as much as 21% in the early trade, as precious metal prices eased amid easing geopolitical and tariff-related tensions triggered by comments from US President Donald Trump.
The steep correction has come after a recent record rally in bullion prices. The bullion rates recently skyrocketed due to heightened geopolitical risks after Trump had threatened tariffs and even hinted at the use of military force over Greenland, comments that had fuelled strong safe-haven demand for gold and silver.
January 23, 2026, 10:52 IST
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