New Delhi, Sept. 11 -- Gold and silver exchange-traded funds (ETFs) came under pressure on Friday, with silver ETFs declining more sharply than their gold counterparts. The fall mirrors weakness in the underlying precious metals as investors reassess expectations around the US Federal Reserve's interest-rate path.

Among gold ETFs, Invesco India Gold was the biggest decliner, falling 1.01%, while SBI Gold, Axis Gold, HDFC Gold and ICICI Prudential Gold also traded lower. Nippon India Gold BeES, one of the most actively traded gold ETFs, declined 0.75% to Rs.125.25.

Silver ETFs saw a steeper correction. ICICI Prudential Silver ETF fell as much as 3.09% to Rs.226.47, while another quote showed the fund down 3%.

The decline in precious met...