Gold, Silver ETFs Soar to Record Highs Amid Global Tensions; What's Next for Investors?

• Gold and silver ETFs surged up to 8% to fresh record highs on January 21, mirroring the sharp rise in precious metals.
• The bull run is attributed to heightened global tensions, including Donald Trump's Greenland policy and threatened tariffs on European countries.
• Gold futures for February, April, and June expiries crossed Rs 1.58 lakh, Rs 1.66 lakh, and Rs 1.71 lakh per 10 grams, respectively.
• Silver futures for March, May, and July expiries reached Rs 3.3 lakh, Rs 3.47 lakh, and Rs 3.61 lakh per kilogram, respectively.
• Analysts suggest a long-term bullish trend for gold and silver, advising investors to allocate a portion of their portfolio to precious metals, with HDFC Securities recommending SBI Gold ETF and HDFC Gold ETF.

Why It Matters: Precious metal ETFs hit record highs due to global geopolitical tensions, with a bullish long-term outlook.