01 Feb 2026 | 5 Mins Read
Silver ETFs rebound sharply as prices crash
Flipitmoney
Silver prices fell 6% to ₹2,74,410 per kg on MCX due to profit booking amid a global selloff triggered by a stronger US dollar. CME Group raised margins on Comex gold and silver futures by 2-15% after prices suffered their biggest slides in decades. Silver ETFs also fell, with the SBI Silver ETF crashing 20% and Nippon India Silver ETF tanking 12% in Sunday's session.