Indian investors continue to pile up their bets on Gold via Exchange Traded Funds (ETFs), contributing to the rebound in demand for the precious metal as spot prices stabilize after March’s sharp decline.
India’s Gold ETFs extended their inflow streak to an eleventh consecutive month in April. Net inflows recorded $297.2 million, 68% more than the $176.6 million seen in March, according to data from the World Gold Council (WGC).
Indian Gold ETFs have been registering inflows since May 2025, with a peak seen in January. Source: FXStreet using data from the World Gold Council.
The interest of Indian investors in Gold ETFs has been persistent in the past year. Even in March, when Gold prices fell by a sharp 11%, these investment vehicles saw inflows from the country even as investors from most other geographies opted to leave.
India contributed to the overall rebound in interest in Gold…

