Silver ETFs Hit Record Highs: Is Now the Right Time to Buy or Sell?

• Silver ETFs surged up to 10% to new lifetime highs on January 20, mirroring the sharp rise in silver prices.
• March futures for silver crossed Rs 3.2 lakh/kg, with May and July expiries also reaching record levels.
• The price surge is attributed to escalating geopolitical tensions between the US and EU over President Trump's threats to annex Greenland and impose tariffs.
• Experts advise caution for new investors due to high valuation and volatility, suggesting dollar-cost averaging.
• Current holders are recommended to consider partial profit-taking to mitigate risks, while long-term investors might hold core positions.

Why It Matters: Silver ETFs are at record highs due to geopolitical tensions, prompting experts to advise caution for new buyers.