23-February-2026
Markets and Finance
 
Gold, Silver ETFs surge up to 17% as US-Iran tensions and tariff ruling boost safe-haven demand
23-Feb-2026

Gold and silver ETFs surged up to 17% on Monday as escalating US-Iran tensions and President Donald Trump’s move to impose a 15% global tariff — after the Supreme Court struck down his earlier sweeping levies — boosted safe-haven demand for the precious metals. Groww Silver ETF led the gains, jumping about 17% to hit an intraday high of Rs 28.22. Mirae Asset Silver ETF, HDFC Silver ETF, SBI Silver ETF, and Axis Silver ETF rose around 10% each, while other funds advanced 8–9% during the session.

News Source:- https://economictimes.indiatimes.com/mf/mf-news/gold-silver-etfs-surge-up-to-17-as-us-iran-tensions-and-tariff-ruling-boost-safe-haven-demand/articleshow/128699414.cms