Why did silver and gold ETFs crash on January 22?

Silver and gold ETFs crashed due to easing geopolitical tensions after US President Donald Trump clarified the US stance on Greenland and European tariffs.

What is the current outlook for silver ETFs after the fall?

Despite the recent fall, experts suggest the correction might offer a strategic accumulation zone for disciplined investors, advising caution due to volatility.

How have silver ETFs performed recently before the crash?

Before the recent fall on January 22, most silver ETFs had delivered close to 50% returns in January 2026 and around 150% in the year 2025.

Home / Business and Economy / Gold & Silver ETFs Plunge 21% Amidst Easing Geopolitics

Gold & Silver ETFs Plunge 21% Amidst Easing Geopolitics

23 Jan

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Summary

Silver and gold ETFs experienced a significant price drop.
Geopolitical tensions eased after US President's statement.
Experts suggest potential investment opportunity despite volatility.

Gold & Silver ETFs Plunge 21% Amidst Easing Geopolitics

Silver and gold Exchange Traded Funds (ETFs) experienced a substantial price correction on Thursday, January 22. This sharp fall, with some ETFs dropping nearly 21%, occurred after United States President Donald Trump provided clarification regarding the US stance on Greenland and European tariffs.

The markets had previously seen a rally in safe-haven assets like gold and silver, driven by geopolitical and trade-war concerns. However, President Trump's statements helped to ease these tensions, leading to a pullback in precious metal prices and strengthening the US dollar.

Analysts note that the recent slump reflects a shift in market sentiment rather than a fundamental issue with precious metals. While spot prices remain elevated, the ETF correction is viewed as a potential profit-taking and rebalancing event as equity markets show strength.