April marked the eleventh straight month of inflows into Indian gold ETFs, rising 68% from March as demand rebounds globally.
Indian gold ETFs recorded net inflows of $297.2 million in April, a 68% increase from March’s $176.6 million. The streak of inflows now extends to 11 consecutive months, reflecting persistent investor demand despite price volatility earlier in the year.
Global gold ETFs saw $6.6 billion in inflows during April, reversing March’s outflows. India’s contribution was notable, alongside inflows from the UK ($2.1 billion), the U.S. ($845 million), and Hong Kong ($732 million). Gold prices have traded between $4,400 and $4,900 since late March, supported by safe-haven demand and central bank policy expectations.
The rebound in ETF flows signals renewed investor confidence in gold as a hedge, even as geopolitical risks and monetary policy shifts cap further gains.