Gold, silver jump as the US-Israel war on Iran rattles markets; ETFs surge up to 10%

Gold and silver reacted somewhat lightly to news of the US-Israeli coordinated military action against Iran over the weekend. The much-anticipated big gap did not happen on Monday. Gold opened just 1.7% higher, before rising 2.5% to trade around $5408 during the day. Silver trades around $95.44, up by 1.73% on Monday. Gold is up by 25% year-to-date, while silver …

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Platinum ETF Gains Momentum as Market Dynamics Shift

The abrdn Physical Platinum Shares ETF surges as market stabilizes. Focus shifts to industrial demand and hydrogen economy’s role in achieving market balance by 2026. The abrdn Physical Platinum Shares ETF is attracting renewed attention from fundamentally-driven investors following a period of heightened price swings. As the physical platinum market stabilizes, the long-term supply and demand fundamentals are coming back …

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Gold, Silver ETFs soar as safe haven assets gain on West Asia concerns

Gold and silver exchange-traded funds (ETFs) rallied on Monday as investors flocked to safe-haven assets amid escalating geopolitical tensions in West Asia, tracking gains in underlying precious metal prices. Silver ETFs saw a sharp rally on Monday, with HDFC Silver ETF rising 8.5 per cent, Kotak Silver ETF gaining 8 per cent, Nippon India Silver ETF and ICICI Prudential Silver ETF both …

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