UTI Asset Management Company has announced a temporary suspension of new investments in its Silver Exchange-Traded Fund (ETF) from October 13. The move comes amid concerns about the widening price gap between domestic and international silver markets.

According to the company, India’s silver prices have developed a sharp premium over global rates, making it difficult to maintain accurate valuations within the fund. While current investors can continue holding or redeeming units, no fresh purchases will be accepted until market conditions stabilize.

Experts believe the pause reflects short-term supply constraints, likely driven by festive season demand. The decision follows similar actions by other fund houses, showing broader volatility in the commodities market