Silver ETFs offer upto 7% return in one week. Will the uptrend continue?
Silver
ETFs have offered upto 7% return in the last one week and gave an average return of 6.29% in the same period. There were around 26 funds based on silver commodity in the said period.
UTI
Silver ETF
offered the highest return of around 7.01% in the last week, followed by Tata Silver
ETF
which gave 6.68% return in the same period. Kotak Silver ETF FoF and Tata Silver ETF FoF gave 6.35% and 6.22% returns respectively in the mentioned period.
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HDFC Silver ETF offered a return of 6.18% in the last one week. Nippon India Silver ETF and
Edelweiss Silver ETF
gave 6.17% return each in the said period.
Zerodha Silver ETF
delivered a return of 6.08% in the mentioned time period. Groww Silver ETF FOF offered the lowest return of around 5.71%.
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An expert mentioned that Silver has seen a structural turnaround since its 2020 lows, driven by a combination of safe-haven demand during global crises, rising geopolitical tensions, and booming industrial use in clean energy technologies.
'Silver has surged nearly 60% over the past two years, with prices rising from Rs 87,000 to Rs 1,04,500 in 2025 alone. With continued volatility in global markets and robust demand from sectors like solar and EVs, & geopolitical problems on war front between Russia & Ukraine, Silver remains poised to test Rs 1,10,000–Rs 1,20,000 this year. The outlook stays bullish, favoring a buy-on-dips strategy,' Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities shared with ETMarkets.
In the last one month, these commodity based ETFs have delivered upto 12% return and out of 23 funds in the same period, 17 funds gave double-digit returns. UTI Silver ETF being the topper gave 11.50% return in the last one month. Mirae Asset Silver ETF and DSP Silver ETF gave 10.35% return in the last one month period.
Edelweiss Silver ETF gained 10.31% in the last one month. UTI Silver ETF FoF was the last one to deliver a double-digit return. The fund gave 10.01% return in the same period.
SBI Silver ETF FOF gave 9.23% return in the last one month and Tata Silver ETF gave 9.17% return.
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Another expert is of the opinion that amid escalating geopolitical tensions and trade uncertainties, both gold and silver have surged, but silver is emerging as a strong contender.
'Silver, buoyed by industrial demand from sectors like EVs and solar, offers higher growth potential despite greater volatility. With silver prices surpassing Rs 1 lakh/kg and expected to rise further, experts suggest a diversified allocation—6–8% in gold and 12–15% in silver,' Jigar Trivedi, Senior Research Analyst - Currencies and Commodities, Reliance Securities Limited told ETMarkets.
He adds that, 'A balanced approach can help investors benefit from both stability and upside in 2025. Comex silver may appreciate to $36-37/oz as the current rally is supported by the weak dollar, strong industrial demand and safe haven appeal. MCX Silver is all set to travel to Rs 110,000/kg in a month. The outlook is positive.'
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