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]]>Gold has traditionally dominated the jewelry and investment market in India. However, soaring gold prices have shifted investor interest towards silver, both in physical form and through exchange-traded funds (ETFs). Recent reports reveal a remarkable surge in silver purchases and investment trends that underscore its growing appeal.
Silver has delivered a stellar 20.25% return in the past six months, nearly double the 10.29% return from gold over the same period. With Dhanteras marking an auspicious time for investments, silver sales, both in bullion and jewelry, have surged. Silver ETFs have also gained significant traction, reflecting changing investor preferences.
Launched in 2022, silver ETFs have witnessed exponential growth. A report by ICRA highlights:
In comparison to gold ETFs, silver ETFs have delivered higher average returns over one month (7.57% vs. 5.32%), three months (16.02% vs. 14.29%), six months (20.25% vs. 10.29%), and one year (32.49% vs. 28.07%).
Experts predict that silver prices could rise further if the US Federal Reserve lowers interest rates in the coming months. As silver solidifies its position as a vital component in investment portfolios, its importance in both hedging strategies and diversification continues to grow.
Silver ETFs, with their rapid growth and strong returns, are set to remain a focal point in India’s investment landscape.
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