Indian gold investment demand hits record US$ 10 billion in September quarter: World Gold Council
- IBEF
- October 31, 2025
Gold investment demand in India surged sharply in the September quarter of 2025, with purchases of bars and coins hitting a record Rs. 88,680 crore (US$ 10 billion), according to the World Gold Council (WGC). The quarter saw investment demand rise 20% YoY to 91.6 tonnes, accounting for 40% of total gold consumption, making it the highest share on record. This trend reflects the growing mainstream acceptance of gold as an investment asset, as more Indians diversify portfolios amid global and domestic market uncertainties. “We believe investors’ interest in gold will continue and grow in the coming quarters,” said Regional CEO India, World Gold Council, Mr. Sachin Jain.
However, overall gold consumption dropped 16% to 209.4 tonnes as jewellery demand fell 31% to 117.7 tonnes due to record-high prices. Domestic gold prices, which recently touched Rs. 1,32,294 (US$ 1491) per 10 grams, have soared 56% in 2025 after a 21% rise last year. Gold ETFs also gained momentum, drawing record inflows of Rs. 8,363 crore (US$ 943 million) in September, as per Association of Mutual Funds in India (AMFI) data. The WGC expects festive and wedding demand to lift sales in the December quarter. However, total annual demand in 2025 could moderate to between 600 and 700 tonnes, the lowest since 2020.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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