SEBI Proposes New Rules for Gold, Silver ETFs: Experts Weigh In

• SEBI proposes price bands, circuit filters, and T+1 base price determination for Gold and Silver ETFs.
• Siddharth Srivastava of Mirae Asset MF supports T+1 for accurate price discovery due to recent volatility.
• SEBI's dynamic price band proposal: initial +/-10% for equity/debt, +/-6% for gold/silver, with gradual increases.
• A 15-minute 'cooling-off period' is proposed before increasing price bands in steps of 3% or 5%.
• Significant investments in Gold and Silver ETFs observed in FY26, with January 2026 seeing ₹24,040 crore in Gold ETFs and ₹9,463 crore in Silver ETFs.