India’s gold market won’t cool: record prices bite, but ETF inflows surge
NEW DELHI, Jan 17, 2026, 06:47 IST India’s gold market remains resilient despite prices hitting new highs, the World Gold Council reported in its Jan. 16 update. Investment demand is taking up some of the slack usually caused by soaring jewellery costs. https://www.gold.org/goldhub/gold-focus/2026/01/india-gold-market-update-enduring-demand-strength It’s crucial now, with India at the heart of physical demand and imports. Any shift in purchasing can send ripples through local premiums, the trade deficit, and the broader bullion market. The country’s gold demand is also shifting in format. While shoppers are cutting back on weight and purity in jewellery, ETFs and “digital gold” are drawing