Gold-Silver ETFs Crash Up to 10%: Should Investors Panic? Experts Weigh In

• Gold and silver ETFs experienced a sharp decline of up to 10% on January 22, 2026, on the NSE, with BSL Gold ETF falling 9.53% and Tata Silver ETF plunging 13.6%.
• The decline in the futures market was significantly less, with gold futures down 0.77% and silver futures down 1.2%, indicating a divergence from ETF prices.
• Experts attribute the sharp ETF crash to easing global geopolitical tensions, profit-booking, and a move away from volatile metals, bringing ETF prices closer to physical and international market rates.
• The volatility highlights that ETF prices can deviate significantly from actual metal prices during market turbulence, unlike physical holdings.
• Long-term investors are advised to view this as short-term volatility and a temporary adjustment, with SIP/STP recommended for silver ETFs and precious metals not exceeding 10% of a total portfolio.

Why It Matters: Gold and silver ETFs saw a sharp decline due to profit-booking and easing tensions, signaling short-term volatility.