Indians ditch jewellery for gold ETFs, bars as prices soar, says WGC: How the gold market is undergoing a radical shift?

India's gold market shifted dramatically in Q1 2026, with jewellery demand dropping 19% as buyers turned to investment options like bars and coins due to high prices. Investment demand surged 52%, now surpassing jewellery consumption for the first time.

Apr 30, 2026 - 07:00
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Indians ditch jewellery for gold ETFs, bars as prices soar, says WGC: How the gold market is undergoing a radical shift?
India's gold market shifted dramatically in Q1 2026, with jewellery demand dropping 19% as buyers turned to investment options like bars and coins due to high prices. Investment demand surged 52%, now surpassing jewellery consumption for the first time.

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