Silver ETFs trade at steep premium as prices hit all-time highs: Should investors chase rally?
Silver is in the spotlight again. The white metal surged past the $50-an-ounce mark for the first time on October 9, touching $51.30 before easing slightly. In India, domestic prices hit ₹1.63 lakh per kg — a 72% jump since January — drawing a wave of new investors into silver exchange-traded funds (ETFs). But as demand spikes, silver ETFs are now trading at significant premiums to their indicative net asset values (NAVs).
Silver is in the spotlight again. The white metal surged past the $50-an-ounce mark for the first time on October 9, touching $51.30 before easing slightly. In India, domestic prices hit ₹1.63 lakh per kg — a 72% jump since January — drawing a wave of new investors into silver exchange-traded funds (ETFs). But as demand spikes, silver ETFs are now trading at significant premiums to their indicative net asset values (NAVs).
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