Tata Silver ETF, Nippon, ICICI, HDFC, SBI To Axis: Silver ETF Falls Upto 13% After Mega Rally; Time To Buy?

Silver ETF Prices Today: Silver Exchange Traded Funds (ETFs) prices saw a sharp correction on Thursday, January 22, followed by a massive crash in silver prices in India. Not just silver, ETFs representing gold also saw a sharp correction today.

The sharp fall in silver and gold prices came after the United States President Donald Trump clarified that the US will not use military force against Greenland. He also eliminated the possibility of imposing higher tariffs on European nations. These developments helped in easing the gold and silver's safe-haven rally.

"Today's sharp slump in silver and gold ETFs, with some dropping as much as ~21%, reflects an abrupt shift in macro sentiment rather than a fundamental breakdown in precious metals. Prices had recently been bolstered by record demand as geopolitical and trade-war tensions drove safe-haven buying. However, markets pared gains after U.S. President Donald Trump eased tariff threats linked to Greenland, reducing near-term geopolitical risk and strengthening the U.S. dollar, a known headwind for bullion prices," stated Justin Khoo, Senior Market Analyst - APAC, VT Market.

Silver ETF Prices Fall Today

The decline in silver rates today impacted the silver ETF market, as ET schemes saw a sharp decline. Nippon India Silver ETF, Tata Silver ETF, ICICI Prudential Silver ETF, HDFC Silver ETF, SBI Silver ETF, etc, fell close to 10% during the day.

Despite Thursday's fall, most of the silver ETFs have delivered close to 50% returns in January 2026. Mirroring the close to170% returns by in the year 2025, most of these silver ETFs have delivered around 150% returns in the year.

Silver ETF Falls Today: Time To Invest?

The sharp decline in silver rates today reinforces experts' caution over the metal's high volatility. However, the steep correction in silver ETFs has also opened up a potentially attractive investment opportunity for investors looking to enter at lower levels.

"While spot gold and silver still reflect historically elevated levels, the ETF correction looks like profit-taking and risk-rebalancing as equity markets rally. With structural drivers such as central-bank accumulation, long-term demand and inflation hedging undiminished, disciplined investors may see this correction as a strategic accumulation zone, but should avoid aggressive short-term speculation given ongoing volatility," added Justin Khoo.

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