Gold, silver ETFs recover! After massive wipeoff, funds show stability; claw back 10% losses
Gold and silver ETFs saw significant losses, prompting the BSE to impose trading limits due to increased volatility. Both metals experienced sharp sell-offs from record highs, driven by profit-taking, leveraged position exits, and global factors like a firm US dollar. Despite some recovery, substantial value has been wiped out.
Gold and silver ETFs saw significant losses, prompting the BSE to impose trading limits due to increased volatility. Both metals experienced sharp sell-offs from record highs, driven by profit-taking, leveraged position exits, and global factors like a firm US dollar. Despite some recovery, substantial value has been wiped out.
