Silver ETF Prices: Indian silver exchange-traded funds (ETFs) crashed up to 20% on Thursday in a dramatic reversal, wiping out their premium to international and physical markets as investors fled amid heightened volatility in precious metals. Nippon India Silver ETF, ICICI Prudential Silver ETF, and Kotak Silver ETF each plummeted 19-20% in morning trade, falling below their indicative net asset values (iNAVs) as what had been an abnormally steep premium evaporated and transformed into a discount.
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