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SEBI proposes price bands for gold and silver ETFs

The unprecedented volatility in the prices of gold and silver in recent weeks has prompted markets regulator Sebi to have a closer look at the price bands and circuit filters for exchange traded funds (ETFs).

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Sebi proposed to put +/-20% price bands on ETFs on two precious metals, gold and silver. Part of the price band could also depend on the volatility in prices of these metals in the international markets, Sebi said. The regulator is also proposing graded price bands for ETFs on debt and equity indices, with a similar +/-20% range.

In the seven-page consultation paper, Sebi proposed an initial price band of +/-6% for gold and silver ETFs, which may be flexed up to +/-20% during the trading day subject to a cooling off period.

After exhausting the initial price band there will be a cooling-off period of 15 minutes, thereafter the price band will be flexed by 3%. In case the price movement in the international markets is more than the aggregate daily price limit (DPL) of 9%, the same may be further relaxed in stages of 3% by the exchange with a cooling-off period of 15 minutes. The single day maximum variation of +/-20% would be applicable

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National News

Rakhi Gifts – Heer By GIVA: Gold Jewellery Your Sister Will Actually Wear All Year

Celebrate Sisterhood This Rakhi With Modern Gold Jewellery and Ethically Grown Diamonds, Made To Match Her Unique Sparkle.

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Your sister’s been your built-in best friend, your secret-keeper, and sometimes… your biggest critic. But she’s always been yours. This Rakhi, ditch the cliché gifts and surprise her with jewellery that matches her sparkle and your budget.

Introducing Heer by GIVA’s Gold-Studded Lab-Grown Diamond Collection crafted in solid gold and embedded with ethically grown diamonds, these designs are perfect for the sister who loves modern elegance with a hint of sentiment. These picks balance luxe aesthetics and wearable style timeless gifts for the woman who’s seen you at your worst and still chose to love you.

Gold Luna Drop Diamond Earrings

A graceful drop silhouette that catches the light without ever trying too hard, these earrings are for the sister who dresses up the everyday. Polished gold meets shimmering diamonds in a shape that moves easily from desk to dinner.

Why she’ll love it: It’s the one pair that goes with literally everything she owns.

Gold Thalora Arc Diamond Pendant

A sleek, architectural arc that’s less about sparkle and more about statement. Sculpted in gold and set with diamonds, it’s the kind of pendant that quietly becomes someone’s signature piece

Why she’ll love it: One pendant, endless outfits — she’ll never take it off.

Gold Luxe Classic Diamond Ring

Clean lines, classic proportions, and just enough shine — this ring was made for a sister who wants gold on her hand every day, not just on special occasions.

Why she’ll love it: Timeless enough for work, pretty enough for a wedding.

Gold Half Petals Diamond Earrings

Inspired by nature’s quieter details, this half-petal silhouette feels more like a discovery than a design — the kind of piece she’ll get complimented on and have to explain isn’t vintage.

Why she’ll love it: Delicate, a little different, and completely her.

Gold Dawnora Whisper Diamond Earrings

True to their name, these earrings favour restraint over spectacle — the kind of quiet elegance that works just as hard at her desk as it does at dinner.

Why she’ll love it: Understated gold that still manages to steal the show.

 

Gold Vespera Drift Diamond Earrings

A fluid, drifting silhouette that catches the light differently with every turn of her head — made for the sister who’s always slightly in motion, in the best way.

Why she’ll love it: It moves the way she does — never still, always shining.

Gold Luna Glow Diamond Earrings

A softer, more radiant take on the Luna design — for the sister who loves a familiar favourite reimagined with a little more glow.

Why she’ll love it: Familiar enough to feel like her, special enough to feel new.

More to Explore: GIVA’s Full Diamond Collection

Can’t decide on just one? Dive into our complete lab-grown diamond edit crafted in gold — a range full of thoughtful gifts that’ll make her heart skip a beat (and her jewellery box very happy).

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