Mumbai, Dec. 29 -- Indian retail investors witnessed the sharpest intraday swing of 2025 in silver-exchange traded funds (ETFs) on Monday, as prices reacted to the China export ban and the increase in margins on the white metal by the world's most diverse derivatives marketplace, CME Group, over the weekend.

Shortly after opening at 9:15am, Nippon Silver ETF, the largest by assets under management (AUM) of Rs.26,361.5 crore (as of 24 December), surged by 11% to a record high of Rs. Rs.243.29 a gramme from Friday's closing of Rs.219.85.

From there, it plunged around 12:30pm by 19% to a low of Rs.196.30 before trading 50 basis points lower at Rs.218.68 around 1:30pm, showed data from National Stock Exchange of India Ltd (NSE). One basis p...