The Economic Times

Gold, silver ETFs slip up to 4% as Trump signals tougher action on Iran. Whats next for investors?

Silver and gold ETFs experienced significant drops of up to 4% on Thursday following U.S. President Trump's indication of continued military action in Iran. This geopolitical tension, coupled with rising crude oil prices and a stronger dollar, pressured precious metal prices on the MCX, with several ETFs seeing substantial declines.