Silver and gold ETFs crash up to 20% amid rising crude prices. What should investors do?
Precious metal ETFs saw sharp declines on Monday. Silver ETFs dropped up to 20%, while gold ETFs fell as much as 9%. This downturn was driven by Middle East tensions and inflation fears. Experts advise against panic selling, recommending continued SIPs to buy at lower prices. Investors can consider tactical top-ups in diversified funds.
Precious metal ETFs saw sharp declines on Monday. Silver ETFs dropped up to 20%, while gold ETFs fell as much as 9%. This downturn was driven by Middle East tensions and inflation fears. Experts advise against panic selling, recommending continued SIPs to buy at lower prices. Investors can consider tactical top-ups in diversified funds.
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