Gold And Silver ETFs: Investment Perspectives From ICICI Experts

In a webinar hosted by Versha Jain, Outlook Money with ICICI experts Chintan Haria, Principal – Investment Strategy at ICICI Prudential AMC, and Bharat Pareek, Head – Product & Segment, Private Wealth at ICICI Securities, discussed investing in Gold and Silver Exchange Traded Funds (ETFs).

According to Chintan Haria, gold is often viewed as a hedge against inflation and currency devaluation. When it comes to investing in gold, gold exchange-traded funds (ETFs) are more feasible and affordable than real gold. They also offer transparency and convenience of trading.

Bharat Pareek highlighted the role of silver as both a precious metal and an industrial commodity. He mentioned that silver ETFs have attracted attention due to increasing industrial demand and potential for capital appreciation.

Both experts suggested that investors allocate 5 to 15 per cent of their portfolios to gold and silver ETFs to help with diversification and risk management. They also recommended using Systematic Investment Plans to manage volatility and progressively raise investments.

The discussion emphasized a number of benefits of using exchange-traded funds (ETFs) as a practical and effective substitute for holding actual precious metals.