Gold, silver ETFs tumble up to 7% as US-Iran tensions and inflation fears hit sentiment. Time to buy the dip?
Gold and silver ETFs tumbled on Thursday as precious metal prices fell sharply amid heightened geopolitical tensions, rising crude oil prices and inflation concerns. SBI Gold ETF was the worst-hit gold fund, while silver ETFs also posted losses, prompting investors to reassess buying opportunities in the segment.
Gold and silver ETFs tumbled on Thursday as precious metal prices fell sharply amid heightened geopolitical tensions, rising crude oil prices and inflation concerns. SBI Gold ETF was the worst-hit gold fund, while silver ETFs also posted losses, prompting investors to reassess buying opportunities in the segment.
What's Your Reaction?
:max_bytes(150000):strip_icc()/GettyImages-2187410260-5afe56694791404f99c253dd8d5abe6a.jpg?#)
