India's gold investment demand tops jewelry for first time ever in March quarter

By Rajendra Jadhav Reuters Wednesday, April 29, 2026 MUMBAI -- India's investment demand for gold surpassed jewelry consumption for the first time on record in the March quarter, ​as investors turned to the precious metal amid subdued equity ‌market returns, the World Gold Council said today. Stronger investment demand in the world's second-largest consumer of gold partly offset a decline in jewelry buying, hit ​by a rally in prices, helping keep overall demand stable, ​the WGC said. ... Dispatch continues below ... ... ADVERTISEMENT ... USA Gold: Coins and Bullion Since 1973 USAGold, well known for its internet site, USAGold.com, offers contemporary bullion coins and bullion-related historic gold coins for delivery to private investors in the United States, Europe, Canada, Australia, and New Zealand. It is one of the oldest and most respected names in the gold industry, with thousands of clients and an approach to investment that emphasizes guidance and individual needs over high-pressure sales tactics. The firm's zero-complaint record at the Better Business Bureau makes it an ideal match for the conservative, long-term investor looking for a reliable contact in the gold business. Please call 1-800-869-5115x100 and ask for the trading desk, or visit: http://www.USAGold.com USAGold: Great prices, quick delivery -- all the time. "For the first time investment demand surpassed jewelry ⁠demand," Sachin Jain, chief executive of the WGC's Indian operations, told ​Reuters. "Investment demand will become increasingly prominent in the coming quarters, with both ​financial and retail investors showing more interest in gold." ... ... For the remainder of the report: https://www.reuters.com/world/india/indias-gold-investment-demand-tops-jewellery-first-time-ever-march-quarter-2026-04-29/ * * * Support GATA by purchasing Stuart Englert's "Rigged" "Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon: https://www.amazon.com/Rigged-Exposing-Largest-Financial%20-History/dp/1651405204/ref=sr_1_fkmr1_2?keywords=rugged+stuart+englert&qid=1579708888&sr=8-2-fkmr1 * * * Help keep GATA going: GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: http://www.gata.org To contribute to GATA, please visit: http://www.gata.org/node/16 Donations of US$500 or more will entitle the donor to a 1-ounce silver round commemorating GATA's work: https://www.gata.org/sites/default/files/GATA-silver-round-front.png