Gold, Silver ETFs May See New Pricing Framework as SEBI Reviews Norms
Gold Silver ETF: SEBI is preparing to change the rules: SEBI is planning to change the rules for gold and silver ETFs to reduce the gap between ETF prices and their real value (NAV).
Since gold and silver trade almost 24 hours globally but ETFs trade only during Indian market hours, price differences often occur after big overnight moves.
SEBI has proposed replacing the current fixed ±20% price band with a dynamic price band. Trading may start with a ±6% limit and gradually expand to ±20% during the day, subject to strict conditions to prevent misuse.
A separate pre-open session is also being considered to match global prices better. The aim is to reduce price mismatch and protect investors.
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