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Maroc Maroc - Times of India - Business - 02/Feb 07:55

Gold, silver ETFs recover! After massive wipeoff, funds show stability; claw back 10% losses

Gold and silver ETFs saw significant losses, prompting the BSE to impose trading limits due to increased volatility. Both metals experienced sharp sell-offs from record highs, driven by profit-taking, leveraged position exits, and global factors like a firm US dollar. Despite some recovery, substantial value has been wiped out.

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