Gold and Silver ETFs Plunge 21% After Trump's Policy Shift; What's Next?

• Gold and silver ETFs experienced a sharp decline of up to 21% on January 22, reversing recent record highs.
• The sudden drop was triggered by US President Donald Trump's statements signaling an easing of international tensions, particularly regarding tariffs and Greenland.
• Trump's shift in stance, after meeting NATO Secretary General Mark Rutte, reduced geopolitical risk, prompting investors to sell off safe-haven assets.
• Tata Silver ETF fell by 21%, while various other gold and silver ETFs saw declines of 9% to 16%.
• Experts like Soni Kumari (ANZ) still favor gold due to central bank support, and Goldman Sachs raised its long-term gold forecast to $5,400 per ounce by December 2026.

Why It Matters: Gold and silver ETFs plummeted due to easing geopolitical tensions, but long-term outlook remains positive.