Gold, Silver ETFs Hit Record Highs Amid Global Uncertainty: What's Next?

• Gold and silver ETFs reached new record levels on January 21, driven by increased investor risk aversion.
• Rising US-Europe tensions, including Donald Trump's tariff threats, have fueled global market uncertainty, making precious metals safe-haven assets.
• Gold futures for February expiry surged over 5% to cross 1.58 lakh rupees per 10 grams, with April and June expiries also hitting new highs.
• Major Gold ETFs like Invesco India Gold ETF, ICICI Prudential, and Motilal Oswal saw gains of 7-8%.
• Silver futures for March expiry climbed about 3.5% to cross 3.3 lakh rupees per kilogram, and Silver ETFs also recorded significant jumps.

Why It Matters: Gold and silver ETFs are soaring due to global uncertainty, with experts predicting continued strong performance.