Gold and silver ETFs surged on Wednesday, propelled by a softer US dollar and easing inflation worries as oil prices eased. Some silver ETFs climbed as much as 11%, making the move a potential accumulation window for long-term investors. With geopolitical risks and gold’s inflation-hedge appeal still in play, investors are weighing whether the rally is a fresh entry point.
Gold and silver ETFs jumped Tuesday, rebounding after a sudden 20% drop over two sessions. The recovery still faces headwinds: rising yields and tight liquidity continue to pressure bullion prices. Analysts say the dip may create longer-term accumulation opportunities because safe-haven demand remains strong amid ongoing geopolitical risks, but volatility is likely to persist.
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Gold and silver ETFs fell as bullion prices slid up to 3%, pressured by a sharp rise in crude oil and lingering uncertainty around US-Iran talks. Investors also weighed concerns over sticky inflation and expectations of higher interest rates, dimming risk sentiment. Analysts suggest booking profits and waiting for dips as volatility is likely to continue.
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