SEBI’s New Proposal on Gold & Silver ETF Valuation

SEBI’s New Proposal on Gold & Silver ETF Valuation

Published: 17th July 2025

By: Dheeraj Kumar

SEBI’s Big Idea: Switch to Domestic Spot Prices

The regulator wants gold & silver ETFs to use real-time domestic spot prices from Indian commodity exchanges instead of relying on international benchmarks.

Why It Matters

Currently, ETFs use LBMA prices in USD, convert to INR, then add varying markups. That leads to inconsistent valuations across funds.

Proposed Change

Gold & silver ETF valuations would be based on spot prices polled from MCX and other SEBI‑regulated exchanges, offering more accurate, supply-demand-driven pricing.

Improving Transparency

SEBI suggests: – A clear polling methodology – Applying a trimmed mean to remove outliers – Disclosure of poll participants and procedures

Why Now?

With gold ETFs experiencing surging inflows recently, investors require consistent and reliable valuations amid global uncertainty.

Next Step: Your Feedback

SEBI is inviting public comments on this proposal until August 6, 2025—seeking input on benchmarks, polling, and transparency standards.

What This Means for Investors

– Uniform pricing across gold/silver ETFs – Less disparity between funds – Enhanced trust in valuations

Stay Ahead with Value Research

Looking for the best gold/silver ETFs? Use Fund Advisor—our research‑backed tool to help you select funds that match your goals.Stop guessing. Start growing.

Other Webstories

To get more such valuable insights, keep reading Value Research Online.