Description
BSE announces revised reference prices for price bands applicable to Gold and Silver ETFs for February 1, 2026 trading session only, continuing from earlier notice 20260201-01.
Summary
BSE has issued an update notice (20260201-3) revising the reference price for price bands applicable to Gold and Silver Exchange Traded Funds (ETFs). This revision follows and modifies the earlier notice 20260201-01 dated February 1, 2026. The changes are applicable for the trading session on February 1, 2026 only.
Key Points
- Update to earlier Notice No 20260201-01 dated February 1, 2026
- Revised reference prices for price bands on Gold and Silver ETFs
- Changes applicable only for February 1, 2026 trading session
- Issued by Ketan Jantre, Head - Trading Operations
Regulatory Changes
No permanent regulatory changes. This is a one-day operational adjustment to reference prices for Gold and Silver ETF price bands.
Compliance Requirements
Trading members must note the updated reference prices for price bands when trading Gold and Silver ETFs on February 1, 2026.
Important Dates
- Notice Date: February 1, 2026
- Applicable Date: February 1, 2026 (today only)
Impact Assessment
Limited impact restricted to single trading day. Trading members dealing in Gold and Silver ETFs need to adjust their systems and trading strategies based on the revised reference prices for price bands. The one-day nature of this revision suggests it may be related to significant commodity price movements requiring intraday adjustment to prevent excessive volatility or circuit breaker triggers.
Impact Justification
Update to earlier notice affecting Gold and Silver ETF price bands for single trading day only; impacts trading members dealing with these ETFs but limited to one-day scope