Question: How to invest in silver in India, is there any ETF for silver like gold?
Answer: Yes, you can now invest in silver through ETF, just like gold. E-Silver, part of the E-series of the National Spot Exchange Limited (NSEL), enables you to buy silver in units of 100 grams each, and hold it electronically in your demat account. The best feature of this product is that, not only would you be able to sell it whenever you want at NSEL platforms, but you could also seek a physical delivery of the metal in various denominations of 500 grams, 1 Kg, or 5 kg multiples, at NSEL delivery centre in Ahmedabad, Delhi and Mumbai.
The main advantage of buying electronically is that you need not have to worry about the purity of the metal, its safety and its storage. The E-series also has the option of E-gold for investors.
For more information regarding investing in silver read, “Investing in Silver - Electronic Way”.
Expert @ InvestmentYogi