Gold and Silver ETFs have become the star performers of 2025, delivering multi-year highs amid global economic uncertainty and festive demand. Investors are rushing to hedge against inflation and stock market volatility using these easy-to-trade exchange-traded funds (ETFs) that track gold and silver prices.
- Gold ETFs have delivered an average 47%–63% return in 2025 so far as gold prices reached new highs above ₹1,15,000 per 10g.
- Silver ETFs outperformed spectacularly, doubling investors’ wealth with returns up to 102% this year driven by demand from EVs, solar energy, and semiconductor sectors.
Why Buy Gold & Silver ETFs?
Gold and silver ETFs offer multiple advantages for investors:
- Liquidity: Traded on NSE and BSE like stocks, allowing real-time buying and selling.
- Transparency: Each ETF strictly tracks physical gold or silver prices.
- No storage issues: Units are backed by physical metals stored securely.
- Low cost: ETF expense ratios are far below physical metal making charges.
- Diversification: Helps hedge against currency depreciation and market volatility.
For 2025, commodity analysts from Motilal Oswal, HDFC Securities, and Kotak recommend maintaining 10–15% portfolio allocation to gold and silver ETFs as inflation hedges.
Technical Analysis: Gold ETF Outlook (October 2025)
Gold continues its bullish trajectory after consolidating around ₹1,10,000–₹1,15,000 in September and breaking above ₹1,25,000 recently.
- Trend: Bullish (higher highs, higher lows pattern)
- Support: ₹1,22,500
- Resistance: ₹1,35,000
- Short-term Target: ₹1,30,000
- Medium-term Target: ₹1,35,800
Momentum indicators such as RSI around 68 and 20-day moving average crossover on major ETFs like Nippon India Gold BeES and HDFC Gold ETF confirm strength. With festive demand and a weaker dollar, buying dips remains advisable.
Technical Analysis: Silver ETF Outlook (October 2025)
Silver has become the outperforming metal of 2025, crossing ₹1.8 lakh per kg and maintaining strong upward momentum due to industrial demand.
- Trend: Super Bullish
- Support: ₹1.65 lakh per kg
- Resistance: ₹1.95 lakh per kg
- Short-term Target: ₹1.90 lakh per kg
- Medium-term Target: ₹2.46 lakh per kg
Silver ETF holdings globally have risen nearly 16% this quarter, signaling institutional accumulation. COMEX inventories have declined by nearly 584 tons, highlighting severe supply tightness.
Analysts view a breakout above $55 (₹1.9 lakh) as confirmation of the next leg higher toward $58 (₹2.46 lakh).
Top Broker Recommendations for October 2025
| Broker | ETF Name | View | Target Price | Recommendation |
|---|---|---|---|---|
| Motilal Oswal | Nippon India Gold BeES | Bullish | ₹1,35,800 | Buy |
| HDFC Securities | HDFC Gold ETF | Positive | ₹1,30,000 | Accumulate |
| ICICI Direct | SBI Gold ETF | Bullish | ₹1,32,500 | Buy |
| Sharekhan | Nippon India Silver ETF | Super Bullish | ₹2.46 lakh/kg | Strong Buy |
| Kotak Securities | DSP Silver ETF | Positive | ₹2.30 lakh/kg | Buy |
All leading brokerages maintain buy ratings on metal ETFs for the rest of 2025, citing macroeconomic tailwinds, robust demand, and persistent central bank accumulation.
Investment Strategy for 2025
- Gold ETFs: Ideal for conservative investors seeking portfolio stability and inflation protection.
- Silver ETFs: Suitable for higher-risk investors targeting superior returns from industrial expansion trends.
- SIP Approach: Invest staggered amounts monthly to average out volatility.
- Holding Period: Minimum 12–18 months to capture the continuing commodity upcycle.
Final Verdict
As India approaches Diwali 2025, Gold and Silver ETFs remain the most attractive assets for diversified portfolios.
With technical charts indicating sustained bullish momentum, broker targets showing strong upside, and global demand dynamics at play, both metals offer an ideal hedge and growth opportunity heading into 2026.
Disclaimer:
This analysis is for educational purposes only and should not be construed as investment advice. Investors should consult a qualified financial advisor before making any ETF or stock investments.
