Description
BSE updates the reference price for price bands for Gold and Silver ETFs, applicable for February 1, 2026 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 applicable to Gold and Silver ETFs. This revision is applicable only for February 1, 2026.
Key Points
- This notice updates earlier Notice No 20260201-01 dated February 1, 2026
- Revised reference prices for price bands for Gold and Silver ETFs
- Changes are applicable for today only (February 1, 2026)
- Trading members are required to note these changes
Regulatory Changes
No permanent regulatory changes. This is a one-day adjustment to reference prices for price band calculations for Gold and Silver ETFs.
Compliance Requirements
- Trading members must apply the updated reference prices for Gold and Silver ETF price bands
- Applicable only for trading on February 1, 2026
Important Dates
- Effective Date: February 1, 2026 (single day applicability)
- Notice Date: February 1, 2026
Impact Assessment
Limited impact as this is a single-day price band adjustment for Gold and Silver ETFs. Trading members need to ensure correct price bands are applied for these instruments during the trading session on February 1, 2026. This update supersedes the earlier notice issued on the same day.
Impact Justification
Update to intraday price bands for Gold and Silver ETFs affects trading parameters for specific ETF categories on a single day only