Thursday, 12 November 2026 IPO data updated 3 minutes ago

Silver ETFs Crash 15%, Gold ETFs Slide 5% as MCX Prices Fall Up to 9%

Silver ETFs Crash 15%, Gold ETFs Slide 5% as MCX Prices Fall Up to 9%

Silver and gold-linked exchange traded funds (ETFs) came under sharp selling pressure after a steep decline in bullion prices on the Multi Commodity Exchange (MCX). Silver ETFs plunged as much as 15%, while Gold ETFs fell around 5%, tracking the sharp correction in underlying commodity prices.

On MCX, silver and gold prices dropped up to 9%, driven by a combination of global factors including a stronger dollar, profit booking after recent highs, and reduced safe-haven demand.

The sharp fall triggered panic selling in bullion-linked investment products, especially silver ETFs, which tend to be more volatile due to higher price swings.

Market participants said the correction reflects heightened volatility in global commodity markets, with investors reassessing positions amid changing interest rate expectations and macroeconomic cues.

Analysts believe near-term movement in bullion will remain sensitive to global developments, while long-term investors may closely watch price stability before increasing exposure.

The sharp decline highlights the risks associated with commodity-linked instruments, particularly during periods of sudden price correction.

This news is for information only and is not investment advice. Please do your own research before making investment decisions.