Why gold and silver ETF prices fell sharply and what was investors' loss?

Gold and silver ETFs experienced a significant drop on Thursday, January 22, 2026, following President Trump's announcement against annexing Greenland. This eased geopolitical tensions, leading to profit booking and unwinding of safe-haven positions. Investors saw losses primarily from the correction of premiums on ETF trading prices rather than a sharp decline in underlying asset values.

Jan 23, 2026 - 14:00
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Why gold and silver ETF prices fell sharply and what was investors' loss?
Gold and silver ETFs experienced a significant drop on Thursday, January 22, 2026, following President Trump's announcement against annexing Greenland. This eased geopolitical tensions, leading to profit booking and unwinding of safe-haven positions. Investors saw losses primarily from the correction of premiums on ETF trading prices rather than a sharp decline in underlying asset values.

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