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India’s gold imports have spiked recently, driven primarily by investors viewing gold as a safe-haven asset rather than jewellery purchases, according to IBJA Secretary Surendra Mehta. Investment demand has risen sharply from 27-28% to over 45% of total demand, fueled by portfolio shifts from stocks and mutual funds, plus fresh capital inflows into gold ETFs.
India’s gold demand is expected to decline in 2026 as record price surges reduce jewellery purchases despite strong investment interest. According to the World Gold Council, rising bullion prices have shifted consumer behaviour from ornaments to investment products such as ETFs, coins and bars. While jewellery demand hit multi-decade lows, investment demand surged significantly. The trend signals
Gold prices tested record highs near $5,600 before slight profit booking, supported by strong safe-haven demand amid geopolitical tensions and US dollar weakness. Donald Trump’s warning to Iran and deployment of US naval forces heightened global uncertainty, boosting precious metal demand. Meanwhile, the Indian rupee hit fresh lows against the dollar, reflecting global currency pressure and reinfo
India’s gold imports straining foreign reserves and the rupee. Policymakers may raise duties from 6%—cut in 2024—to curb non-essential demand and trade deficits, though past hikes failed to dent consumption as investment demand via ETFs soared.
Gold prices in India differ across cities due to variations in local demand, transportation costs, jewellery-making charges, and regional market conditions. Southern states like Tamil Nadu, Andhra Pradesh, and Kerala often see higher rates because of strong cultural demand for gold jewellery. Logistics, dealer margins, and craftsmanship costs also influence pricing. Understanding these factors hel
The 2026 outlook for gold, silver and copper is shaped by central bank policy, inflation trends, and rising demand from energy, EV, and AI sectors. Expert analysis highlights earnings leverage in metal stocks and selective picks to navigate price cycles, with sustained demand underpinning long-term profitability.
Copper price strength reflects supply constraints, expanding demand from AI data centres and electric vehicles, and optimistic forecasts from Goldman Sachs. Analysts expect continued gains into 2026 and beyond, with long-term potential supported by green energy demand and production challenges.
Jewellers report strong demand for lightweight, plain gold jewellery in lower karats during the wedding season, offering high resale value despite GST and making charges. Diamond jewellery demand weakens due to stagnant prices.
According to an SBI Research report released on Wednesday, India’s total consumer demand for gold rose to 802.8 tonnes in 2024, accounting for 26% of global demand. This places India as the world’s second-largest gold consumer, just behind China, which recorded a demand of 815.4 tonnes.
