Edelweiss Silver ETF, Kotak Silver ETF, Mirae Asset Silver ETF, Zerodha Silver ETF and Tata Silver ETF gained up to 9% on Wednesday.
The Wealth Company Gold ETF surged up to 8%, followed by Kotak Gold ETF, Mirae Asset Gold ETF, and Bandhan Gold ETF, which rallied upto 7%. Nippon India Gold ETF, the largest fund in the category based on the assets managed, gained 5% in the mentioned time frame to a day’s high of Rs 132.Also Read | Gold and silver ETFs jump up to 13% after 3-day sell-off. Here’s what drove the rebound
Sandip Raichura, CEO of Retail Broking and Distribution & Director, PL Capital, shared with ETMutual Funds that gold should form 10% of client portfolios at all points in tim,e and silver, being a very volatile commodity, should ideally be accumulated via the SIP route and with a 5-year timeframe
On Wednesday, MCX silver futures for March 5, 2026, rose 4%, up Rs 10,648 to Rs 2,78,663 per kg. Gold futures for April 2, 2026 delivery rebounded Rs 4,611, or 3%, to Rs 1,58,420 per 10 grams.In the international market, spot gold climbed 2.2% to $5,044.74 per ounce after surging 5.9% on Tuesday — its biggest single-day gain since November 2008. The metal had hit a record high of $5,594.82 last Thursday. Spot silver rose 2.1% to $86.92 an ounce, after touching a record high of $121.64 on Thursday.According to a report by ETMarkets, the dollar slipped against most major currencies, barring the yen, on Tuesday as traders consolidated recent gains driven by strong US economic data and expectations of a less-dovish Federal Reserve. A softer dollar tends to support bullion prices by making dollar-denominated metals cheap.
On February 3, 2026, these ETFs saw rebounds of up to 13% following a sharp three-day sell-off.
Abhishek Bhilwaria, BhilwariaMF ( AMFI registered MFD) shared with ETMutualFunds that in the evolving financial landscape of 2026, gold and silver Exchange-Traded Funds (ETFs) have emerged as the preferred vehicle for investors seeking exposure to precious metals without the logistical burdens of physical storage or purity verification.
Also Read | Quant MF cuts gold, silver exposure near peak levels in multi-asset fund
“This shift is particularly evident in the success of global giants like the SPDR Gold Trust (GLD) and iShares Silver Trust (SLV), alongside cost-efficient Indian domestic options such as Nippon India Gold BeES and the Zerodha Gold ETF.”
For Indian investors, these digital assets also offer a streamlined fiscal structure, with long-term capital gains (held for over a year) taxed at a flat 12.5%, making them a highly competitive alternative to traditional bullion, Bhilwaria said.
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