Gold, Silver ETFs Jump Up to 4% as Precious Metals Rise: What's Next?

• Gold and silver ETFs saw gains of up to 4% on February 19 due to rising precious metal prices.
• The increase in domestic prices is attributed to the withdrawal of additional margins on gold and silver futures contracts by MCX and NSE.
• MCX removed the 3% additional margin on gold futures and 7% on silver futures, implemented earlier as risk management.
• Groww Silver ETF gained over 4%, while many other silver and gold ETFs saw nearly 4% and 2% gains respectively.
• Experts note a weak undertone for gold, with potential volatility from Fed's meeting minutes and China's market reopening.