Silver Shines: ETFs Deliver 270% Returns, Outperforming Gold

• Silver prices have surged, with annual gains exceeding 270%, making it a hot investment topic.
• The price hike is attributed to silver's 'dual character' as both a safe-haven asset and an essential industrial raw material for solar panels and electronics.
• Top Silver ETFs like Nippon India Silver ETF and ICICI Prudential Silver ETF have delivered returns of 272% and 274% respectively over the past year.
• Investing in Silver ETFs offers advantages over physical silver, including security, purity assurance, and ease of trading.
• Investors should be aware of tax rules: 12.5% tax on long-term gains over Rs. 1 lakh (held for >12 months) and slab-rate tax for short-term gains.

Why It Matters: Silver ETFs are delivering exceptional returns, driven by industrial demand and safe-haven appeal, but caution is advised.