Gold ETFs shine amid silver's slump
Business
Silver ETFs have dropped over 15% in just a month, while gold ETFs managed nearly 3% gains.
Top gold performers like LIC MF Gold ETF (up 4.9%) and UTI Gold ETF (up 4.1%) stood out as silver faced heavy profit booking and wild price swings.
Gold's safe-haven status shines; silver's industrial ties show
Gold is proving its safe-haven status again, drawing investors during global uncertainty, while silver's rollercoaster ride highlights its ties to industrial demand and market mood.
If you've loaded up on silver after its huge six-month run (up 126%), experts like Shivam Pathak suggest it might be smart to lock in some profits and rebalance your investments.
Despite the dip, silver's long-term outlook still looks solid.