Description
BSE updates the reference price for price bands for Gold and Silver ETFs, applicable for the trading day only, in continuation to earlier notice 20260201-01.
Summary
BSE has issued an update to Notice No 20260201-01 regarding changes in the reference price for price bands for Gold and Silver ETFs. This revision is applicable only for the current trading day (1st February 2026).
Key Points
- This notice is issued in continuation to Notice No 20260201-01 dated 1st February 2026
- Revised reference prices for price bands apply to Gold ETFs and Silver ETFs
- The revision is applicable for today only (1st February 2026)
- Trading members are required to note these changes
Regulatory Changes
No permanent regulatory changes. This is a temporary adjustment to reference prices for the trading day.
Compliance Requirements
- Trading members must apply the revised reference prices for Gold and Silver ETF price bands
- Changes to be implemented for the current trading day only
Important Dates
- Notice Date: 1st February 2026
- Applicable Date: 1st February 2026 (today only)
Impact Assessment
This update affects trading in Gold and Silver ETFs by modifying the reference prices used for price band calculations. The impact is limited to a single trading day and primarily affects trading members dealing in precious metal ETFs. The temporary nature suggests this may be in response to significant price movements in underlying gold and silver prices.
Impact Justification
Updates reference prices for Gold and Silver ETF price bands for a single trading day, affecting ETF trading parameters but limited in duration