Gold and silver ETF surge up to 15% after import duty hike sparks volatility fears

Published on 13 May 2026

Import duty lift triggers a sudden price jump

Gold and silver ETFs jumped as precious metal prices spiked on India’s Multi Commodity Exchange after the government raised import duties. The rally pushed many funds higher, but experts warn investors against chasing the moment. Instead, they recommend sticking with a steady SIP approach to manage swings and avoid timing the top of the move.

Higher import duties followed by a sharp jump in gold and silver prices
Many gold and silver ETFs logged gains, with some rising up to 15%
Experts advise against timing the spike due to volatility
SIPs are suggested as a steadier way to invest through fluctuations

#etfs #import duty #investing #gold #silver

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Gold and silver ETF surge up to 15% after import duty hike sparks volatility fears

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