11 Oct 2025 | 3 Mins Read
UTI halts new silver ETF investments after Kotak's suspension
Flipitmoney
UTI Asset Management suspended fresh investments in its UTI Silver ETF Fund of Fund due to market conditions and silver shortage, citing a premium domestic prices. This follows Kotak's similar move, set to lift restrictions after Diwali. Silver prices hit a record high of $51.22/oz, with a 10% premium in India's domestic market.