Gold-Silver ETFs Drop 6%: Why Investors Are Losing Trust in This 'Safe Haven'
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Gold-Silver ETFs Plunge up to 6%: Investors Lose Faith in 'Safe Haven' Amid Global Shifts
C
CNBC Awaaz•19-03-2026, 11:15
Gold-Silver ETFs Plunge up to 6%: Investors Lose Faith in 'Safe Haven' Amid Global Shifts
•Gold and silver ETFs saw sharp declines of 2% to 6% on Thursday, with silver ETFs showing greater weakness.
•The US Fed kept interest rates stable, and Jerome Powell's comments on inflation eased stagflation fears, reducing demand for safe-haven assets.
•Rising tensions in West Asia, including Iran's attack on Qatar's energy facility, surged crude oil prices, diverting investor interest from gold to oil.
•On MCX, gold prices fell to ₹1,51,900 per 10 grams and silver to ₹2,43,977 per kilogram, directly impacting ETF values.
•Experts advise investors to consider SIPs or installment buying, as gold and silver do not always act as a 'safe haven' and short-term volatility is expected.