The Kotak Silver ETF led a strong rebound among the top five silver ETFs by assets, jumping 9.4%. Other big silver ETFs also rallied, with HDFC Silver ETF, Nippon India Silver ETF (Silverbees), ICICI Prudential Silver ETF, and SBI Silver ETF all surging between 8.2% and 8.7%. International silver prices rose about 6.7%, reaching roughly $83 an ounce during the day. Gold ETFs staged a recovery too. Kotak Gold ETF climbed 2.85%, while Nippon India, SBI, HDFC, and ICICI Prudential Gold ETFs advanced between 1.7% and 2.4%. Spot gold prices rose 2% to around $5,068 on Monday evening. This bounce back comes after a tough week for precious metals. Silver ETFs had fallen 19-26%, and gold ETFs dropped 3-9% during the prior trading week. The volatile market is also changing buying patterns. Some consumers who bought gold when prices dipped to about ₹1.5 lakh per 10 grams last week are now more cautious. Meanwhile, wedding season demand keeps sales steady. Joy Alukkas, chairman of Joy Alukkas group, said, "Those who have marriages at home are buying in advance so that they can take advantage of the current rate. Gold is on a bullish trend and therefore prices are unlikely to fall drastically." Gold remains popular with long-term investors, as it has returned nearly 70% in about a year, especially during times of market stress and global uncertainty. Aksha Kamboj, vice president at India Bullion and Jewellers Association, advised, "Technical or short-term traders should be careful, considering that prices might remain range-bound by virtue of profit booking at higher levels. The medium and longterm prospects for gold prices remain constructive. Investors should approach gold with a disciplined, staggered allocation strategy rather than chasing momentum." Silver differs as it is both a precious and an industrial metal, linked to electronics, renewable energy, and electric vehicle sectors. Kamboj also noted, "However, silver remains more volatile, and price swings can be sharper compared to gold. Investors should remain mindful of this volatility while recognising silver's long-term potential. A balanced approach, aligned with broader portfolio objectives, is advisable rather than aggressive positioning."