Silver ETF jumps 9% in 1 hour, but MCX price down. Who's driving this anomaly?
Investors in Nippon India Silver ETF witnessed a sharp 9% surge in an hour, despite silver prices falling 0.75%, highlighting a liquidity mismatch in the ETF market. The funds NAV hit a record ₹165 per unit, diverging significantly from the underlying metals value.
Investors in Nippon India Silver ETF witnessed a sharp 9% surge in an hour, despite silver prices falling 0.75%, highlighting a liquidity mismatch in the ETF market. The funds NAV hit a record ₹165 per unit, diverging significantly from the underlying metals value.
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