What are metals ETFs?

Metals ETFs are exchange-traded funds that track a basket of metal and mining companies. Their performance reflects how the overall metals sector performs in the stock market.

What are precious metal ETFs?

Precious metal ETFs track the price of metals such as gold or silver. A precious metal ETF, or ETF precious metals, moves mainly with changes in metal prices instead of company earnings or sector performance.

Are metals ETFs linked to metal prices directly?

Metals ETFs do not track metal prices directly. They track stocks of metal-producing companies, whose performance is influenced by metal prices, along with costs, demand, and operational factors.

How do metals ETFs work?

Metal ETFs track a sector index made up of metal and mining companies. The ETF invests in the same companies and weightages as the index, so its performance moves in line with the overall metals sector.

What are the advantages of investing in metals ETFs?

Metal ETFs provide sector-level exposure to multiple metal companies through a single instrument. They reflect broad trends such as infrastructure demand, metal price cycles, and industrial growth rather than the performance of one stock. Disclaimer: This information is for educational purposes only and should not be considered investment advice.

What are the risks of investing in metals ETFs?

Metal ETFs face risks linked to metal price volatility, economic cycles, global demand, policy changes, and input cost pressures. Since they focus on one sector, they can be more volatile than diversified equity funds.

Are metals ETFs passively managed?

Yes, Metal ETFs follow a passive investment approach. They aim to replicate the performance of a metal sector index and do not involve active stock selection or timing decisions.

Are metals ETFs a good investment?

Performance of metals ETFs depends on several factors such as metal price cycles, infrastructure spending, global economic conditions, government policies, and overall market sentiment. Since the metals sector is cyclical and sector-specific, outcomes can vary across market phases. Reviewing these factors helps build a better context before assessing metal ETFs within a broader portfolio. Disclaimer: This information is for educational purposes only and should not be considered investment advice.

List of Best Precious Metal ETFs in India 2026

As of 5 January 2025, the Nifty Metal Index delivered a ~30% return over one year, showing strong performance across metal stocks. Since metal ETFs track this index, the same sector-wide gains are reflected in metal ETF performance. This link makes metal ETFs a simple way to follow how the overall metals sector performs in the stock market, without focusing on individual companies.

Top Precious Metal ETFs in 2026

Precious Metal ETF Screener

Discover the best ETFs in Precious Metals - Gold and Silver to diversify your portfolio.

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Showing 1 - 20 of 41 results

last updated at 9:45 PM IST

	NameStocks (41)↓	↓Sub-SectorSub-Sector↓	↓Market CapMarket Cap↓	↓Close PriceClose Price↓	↓1D Return1D Return↓	↓1W Return1W Return↓	↓1M Return1M Return↓	↓Expense RatioExpense Ratio↓
1.	Nippon India Silver ETF SILVERBEES	SilverSilver	27,850.8527,850.85	246.76246.76	-0.47-0.47	-2.20-2.20	12.0012.00	0.560.56
2.	Nippon India ETF Gold BeES GOLDBEES	GoldGold	15,103.7015,103.70	130.82130.82	-1.07-1.07	-0.19-0.19	6.536.53	0.800.80
3.	SBI Gold ETF SETFGOLD	GoldGold	7,760.227,760.22	134.86134.86	-1.19-1.19	-0.26-0.26	5.925.92	0.700.70
4.	Kotak Gold Etf GOLD1	GoldGold	5,812.235,812.23	131.85131.85	-1.02-1.02	-0.25-0.25	6.606.60	0.550.55
5.	ICICI Prudential Gold ETF GOLDIETF	GoldGold	5,602.905,602.90	135.26135.26	-1.23-1.23	-0.32-0.32	5.415.41	0.500.50
6.	HDFC Gold ETF HDFCGOLD	GoldGold	5,590.015,590.01	135.11135.11	-1.05-1.05	-0.20-0.20	6.026.02	0.590.59
7.	UTI Gold Exchange Traded Fund GOLDBETA	GoldGold	1,928.561,928.56	133.20133.20	-0.89-0.89	-0.04-0.04	6.266.26	0.510.51
8.	Aditya Birla Sun Life Gold ETF BSLGOLDETF	GoldGold	1,037.381,037.38	139.09139.09	-1.14-1.14	0.060.06	5.735.73	0.470.47
9.	Axis Gold ETF AXISGOLD	GoldGold	937.40937.40	131.46131.46	-1.15-1.15	-0.59-0.59	6.106.10	0.560.56
10.	DSP Gold ETF GOLDADD	GoldGold	505.59505.59	153.65153.65	-1.11-1.11	-0.19-0.19	6.516.51	0.450.45
11.	ICICI Prudential Silver ETF SILVERIETF	SilverSilver	432.88432.88	257.51257.51	-0.58-0.58	-2.18-2.18	11.7911.79	0.400.40
12.	Quantum Gold Fund QGOLDHALF	GoldGold	382.23382.23	130.99130.99	-1.29-1.29	-0.43-0.43	6.496.49	0.560.56
13.	LIC MF Gold ETF LICMFGOLD	GoldGold	286.56286.56	143.20143.20	-0.57-0.57	0.560.56	6.476.47	0.410.41
14.	Invesco India Gold Exchange Traded Fund IVZINGOLD	GoldGold	218.50218.50	13,728.0513,728.05	-1.20-1.20	0.070.07	5.225.22	0.540.54
15.	HDFC Silver ETF HDFCSILVER	SilverSilver	94.7894.78	247.06247.06	-0.27-0.27	-2.23-2.23	11.9011.90	0.450.45
16.	Mirae Asset Silver ETF SILVERAG	SilverSilver	93.0793.07	251.33251.33	-0.54-0.54	-2.15-2.15	11.4211.42	0.330.33
17.	DSP Silver ETF SILVERADD	SilverSilver	84.4684.46	248.69248.69	-0.67-0.67	-2.34-2.34	12.0712.07	0.400.40
18.	Choice Gold ETF CHOICEGOLD	GoldGold	74.4074.40	156.64156.64	-1.01-1.01	-0.20-0.20	5.955.95	0.510.51
19.	Aditya BSL Silver ETF SILVER	SilverSilver	70.3370.33	257.32257.32	-0.58-0.58	-2.17-2.17	10.8610.86	0.350.35
20.	SBI Silver ETF SBISILVER	SilverSilver	62.2262.22	252.82252.82	-0.47-0.47	-2.13-2.13	11.8011.80	0.400.40

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Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Sub-sector: ETF > Gold and Silver | Sorted by market capitalisation from highest to lowest.

Overview of Top Precious Metal ETFs in India

Nippon India Silver ETF

Nippon India Silver ETF is an exchange-traded fund that tracks the domestic price of silver. It invests in physical silver or silver-linked instruments, so its performance closely follows movements in silver prices in India.

Nippon India ETF Gold BeES

Nippon India ETF Gold BeES is a gold-backed ETF that tracks the domestic price of gold. Each unit represents physical gold exposure, and the fund’s returns move in line with gold price changes, subject to tracking differences.

SBI Gold ETF

SBI Gold ETF is a commodity ETF that provides exposure to physical gold bullion prices. The fund invests in gold of high purity and reflects changes in gold prices in the Indian market.

Kotak Gold Etf

Kotak Gold ETF is an exchange-traded fund designed to mirror the price of physical gold. It holds gold or gold-related instruments, making its performance linked to gold price movements.

ICICI Prudential Gold ETF

ICICI Prudential Gold ETF is a gold-backed ETF that tracks domestic gold prices. The fund invests in physical gold and aims to replicate gold price returns before expenses and tracking differences.

What are Precious Metals ETFs?

Metals ETFs are exchange-traded funds that invest in a basket of precious metal and mining companies listed on the Indian stock exchange. These ETFs usually track a sector index such as the Nifty Metal Index, which includes companies from the steel, aluminium, copper, and other metal segments.

How to Invest in Precious Metals ETF?

Investing in metals ETF in India using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in previous metals ETFs:

Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
Search for silver ETFs: Go to Tickertape Stock Screener and search for the ‘Gold or Silver ETF’.
Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, and more to create silver ETFs list.
Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in depth.
Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
Invest Through Your Broker: Once you’ve decided on a stock, you can place a buy order through your brokerage account linked to Tickertape.

You can stay updated with each of your favourite stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

Advantages of Investing in Precious Metal ETFs in India

Exposure to Large-scale Metal Producers

India ranks among the top global producers of aluminium, iron ore, and lime. Metals ETFs reflect this scale by holding leading domestic metal companies operating across these production bases.

Link to Infrastructure Demand

Steel, zinc, aluminium, and copper demand remain closely tied to roads, railways, housing, airports, and power projects. Metals ETFs capture this demand by tracking companies that supply these sectors.

Energy Transition Exposure

India’s push toward non-fossil power capacity and rising electricity consumption support demand for coal, aluminium, copper, and speciality metals. Metals ETFs reflect this shift through diversified sector exposure.

Policy-backed Sector Growth

Initiatives such as the PLI Scheme for speciality steel, critical mineral missions, and mining reforms support capacity expansion. Metals ETFs track companies operating under this policy framework.

Diversification Across Metals

The sector covers steel, aluminium, copper, zinc, coal, and speciality minerals. Metals ETFs combine these segments into one basket, reducing reliance on the performance of a single metal.

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Risks of Investing in Precious Metal ETFs in India

Volatility in Metal Prices

Metal prices change based on global supply, demand, and inventory levels. Sudden movements in steel, aluminium, copper, or zinc prices can quickly affect company earnings and metals ETF returns.

Cyclical Nature of the Sector

The metals sector follows economic cycles. Demand usually rises during periods of infrastructure spending and industrial growth, and slows during economic downturns. Metals ETFs reflect these cycles at the sector level.

Dependence on Global Markets

A large part of metal demand comes from global markets. Economic slowdowns in regions such as China, the US, or Europe can reduce demand for metals and impact Indian metal stocks and ETFs.

Policy and Regulatory Exposure

Mining rules, export and import duties, environmental regulations, and government interventions influence production and pricing. Changes in policy can affect multiple companies within a metals ETF at the same time.

ETF-specific Risks

Tracking differences between the ETF and its index may occur due to expenses and cash holdings. During volatile periods, lower trading volumes can also lead to price differences between the ETF and its underlying value.

Factors to Consider Before Investing in Precious Metal ETFs

Stage of the Metal Cycle

The metals sector moves in cycles linked to economic growth and infrastructure activity. Understanding whether the sector is in an expansion or slowdown phase helps set the context for returns and volatility.

Trends in Metal Prices

Prices of steel, aluminium, copper, and other metals directly affect metal company earnings. Global supply conditions, demand trends, and inventory levels influence these prices and, in turn, ETF performance.

Global Economic Environment

Metals demand depends heavily on global industrial activity. Economic conditions in major markets such as China, the US, and Europe can impact export demand and pricing for Indian metal companies.

Government Policy and Regulation

Mining laws, environmental rules, export or import duties, and production-linked incentive schemes affect the metals sector. Policy changes can influence multiple companies within a metals ETF at the same time.

Index Composition

Metals ETFs track a predefined index. Checking which companies dominate the index helps understand concentration risks and how individual stocks may influence ETF movement.

Conclusion

Metals ETFs reflect the performance of India’s metal and mining sector through a basket of leading metal companies. Their returns move in line with metal price cycles, infrastructure demand, global economic conditions, and policy developments affecting the sector. Since these ETFs focus on a single, cyclical industry, understanding sector trends, global linkages, and ETF structure helps build better clarity. Tools such as Tickertape Stock Screener, which offers 200+ filters, can help analyse metals ETFs by tracking index composition, underlying holdings, sector exposure, liquidity, and performance metrics in one place.

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Frequently Asked Questions on Precious Metal ETFs

What are metals ETFs?
Metals ETFs are exchange-traded funds that track a basket of metal and mining companies. Their performance reflects how the overall metals sector performs in the stock market.
What are precious metal ETFs?
Precious metal ETFs track the price of metals such as gold or silver. A precious metal ETF, or ETF precious metals, moves mainly with changes in metal prices instead of company earnings or sector performance.
Are metals ETFs linked to metal prices directly?
Metals ETFs do not track metal prices directly. They track stocks of metal-producing companies, whose performance is influenced by metal prices, along with costs, demand, and operational factors.
How do metals ETFs work?
Metal ETFs track a sector index made up of metal and mining companies. The ETF invests in the same companies and weightages as the index, so its performance moves in line with the overall metals sector.
What are the advantages of investing in metals ETFs?
Metal ETFs provide sector-level exposure to multiple metal companies through a single instrument. They reflect broad trends such as infrastructure demand, metal price cycles, and industrial growth rather than the performance of one stock.
Disclaimer: This information is for educational purposes only and should not be considered investment advice.
What are the risks of investing in metals ETFs?
Metal ETFs face risks linked to metal price volatility, economic cycles, global demand, policy changes, and input cost pressures. Since they focus on one sector, they can be more volatile than diversified equity funds.
Are metals ETFs passively managed?
Yes, Metal ETFs follow a passive investment approach. They aim to replicate the performance of a metal sector index and do not involve active stock selection or timing decisions.
Are metals ETFs a good investment?
Performance of metals ETFs depends on several factors such as metal price cycles, infrastructure spending, global economic conditions, government policies, and overall market sentiment. Since the metals sector is cyclical and sector-specific, outcomes can vary across market phases. Reviewing these factors helps build a better context before assessing metal ETFs within a broader portfolio.
Disclaimer: This information is for educational purposes only and should not be considered investment advice.

Disclaimer: This article is for informational purposes only. The content of the article including securities/investment products mentioned if any, should not in any manner be construed as an investment advice, recommendation, offer, solicitation to buy/hold/sell any securities/investment products. The securities quoted if any, are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered financial advisor before investing.