Gold and Silver ETFs Erase Most of 2026 Gains After 9% Drop
Gold and silver exchange-traded funds fell 9% over the week, erasing the majority of their gains for 2026 according to Goodreturns.
Gold and silver exchange-traded funds registered a 9% decline over the week, wiping out most of their accumulated gains for 2026, according to a report by Goodreturns. Major fund houses including Tata, Nippon, and HDFC saw their precious metal portfolios impacted by the downward market movement.
Market Impact
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The sharp weekly pullback erased a significant portion of the performance built by bullion-backed investment vehicles earlier in the year. The contraction reflects broader selling pressure affecting precious metals across domestic and international segments.
Key facts
- Gold and silver ETFs declined by 9% over a single week.
- The correction erased most of the gains accumulated through 2026.
- Affected fund providers include Tata, Nippon, and HDFC.
Source: news.google.com
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