Silver ETF Recovery: ETFs Bounce Back Up to 15% Amid Value Buying

Silver ETF Recovery: ETFs Bounce Back Up to 15% Amid Value Buying

Silver ETFs staged a sharp rebound today, regaining losses after a turbulent start to the session. Morning trades saw heavy selling pressure, but value buying drove the market to recover a significant portion of earlier declines.

Even as the ETFs regained ground, most remain in negative territory from previous levels, reflecting lingering market uncertainty.

Market Performance

Silver ETFs experienced high volatility in intraday trades on January 22. Investors appeared to respond to the earlier dip, pushing prices higher. Key movements included:

  • Tata Silver ETF: After crashing 21% in the morning, it rebounded around 10% to trade at Rs 28.09, still down roughly 17%.
  • Bandhan Silver ETF: Recovered more than 13% from its intraday low, trading at Rs 285.99.
  • Groww Silver ETF: Bounced back over 14% from its lowest point in the session.
  • Nippon India Silver ETF (SilverBees): Recovered 12% intraday.
  • HDFC Silver ETF: Gained approximately 13% from day’s low.
  • Axis Silver ETF: Surged 15% from its intraday bottom.
  • Motilal Oswal Silver ETF: Rose more than 10% during recovery.

Gold ETFs also saw a partial bounce, with Birla Sun Life Gold ETF recovering around 6% from its intraday low, reflecting broader interest in precious metals amid market swings.

Main News

Silver prices today responded to easing geopolitical tensions. Earlier concerns over potential tariffs and international disputes caused heightened volatility in silver ETFs.

A notable factor influencing the markets:

  • Tariff threats eased: Earlier news suggested tariffs might affect international trade, impacting investor sentiment. With these concerns receding, silver and related ETFs regained part of their losses.
  • Geopolitical tension relief: Previous spikes in silver prices were linked to market fears around military and economic threats. Recent clarifications helped calm market anxiety, triggering recovery in ETFs.

This combination of relief from tariffs and decreased geopolitical tension contributed to the sharp intraday recovery across multiple Silver ETFs.

Company Details & ETF Movements

The recovery was consistent across major Silver ETFs, highlighting the depth of value buying in the market:

Tata Silver ETF

-21%

+10%

Rs 28.09

Bandhan Silver ETF

-

+13%

Rs 285.99

Groww Silver ETF

-

+14%

-

Nippon India Silver ETF

-

+12%

-

HDFC Silver ETF

-

+13%

-

Axis Silver ETF

-

+15%

-

Motilal Oswal Silver ETF

-

+10%

-

The table highlights the strong rebound trends in today’s session, showing how market corrections were met with immediate buying interest.

Summary of Silver ETF Recovery

Silver ETFs demonstrated resilience despite early sharp declines. Key takeaways from today’s session:

  • ETFs lost ground in early trades but rebounded strongly due to value buying.
  • Recovery ranged from 10% to 15% intraday, though overall, ETFs remain below previous highs.
  • Both silver and gold ETFs reflected market reactions to easing geopolitical tensions and tariff concerns.
  • Investors’ interest in Silver ETFs remains steady, suggesting continued engagement in precious metals as part of diversified portfolios.

Overall, January 22’s trading session underscored the volatile nature of Silver ETFs, where intraday swings can be sharp, but recovery potential is strong.

Source: Moneycontrol

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