Gold, Silver ETFs Drop Up To 4%: Is This a Buying Opportunity for Investors?

• Silver ETFs fell up to 4% on March 27, despite MCX silver futures remaining firm, creating a disconnect.
• Major silver ETFs like Groww, HDFC, DSP, Kotak, and Edelweiss saw declines ranging from 3.66% to 4.04%.
• Top gold ETFs, including Nippon India, ICICI Prudential, and Axis Gold ETF, also dropped around 1%, even as MCX gold futures rose.
• Experts suggest the dip is due to short-term profit booking and price adjustments, not a change in fundamentals.
• Market experts advise a long-term, diversification approach for precious metals, with allocation not exceeding 5-10% of a portfolio.