Chalasani’s comments provide context to the market shock that saw silver ETFs trading up to 18% above their Net Asset Value. (Image source: Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed
The spike in the premium on Silver ETFs have been called a temporary problem by the AMFI Chief Executive, Venkat Chalasani. During the AMFI Concal, Chalsani said that the overvaluation is a “temporary phenomenon” driven by a “global shortage” of the metal, and that individual fund houses are managing the risk based on their own policies.
Chalasani’s comments provide context to the market shock that saw silver ETFs trading up to 18% above their Net Asset Value. He also added that this issue is not exclusive to India. Chalasani confirmed that the recent decision by one fund house