Kavita Chacko

Research Head, India World Gold Council

India gold market update: Mixed reading

Gold prices partly recovered in April after March’s sharp decline, with domestic discounts narrowing on import curbs and supply constraints. Listed jewellers saw strong Q1 growth, driven by wedding and discretionary demand, higher ticket sizes, and expansion. March ETF inflows were hit by redemptions, though participation rose. The Reserve Bank of India kept gold reserves steady, while imports fell to a nine-month low.
Blog Posted 5 days ago

Juan Carlos Artigas

Regional CEO (Americas) and Global Head of Research World Gold Council

Ray Jia

Head of Research (Asia Pacific, ex-India) and Deputy Head of Trade Engagement (China) World Gold Council

Taylor Burnette

Research Lead, Americas World Gold Council

You asked, we answered: Has gold's performance structurally changed?

Gold’s volatility has markedly increased in 2026; however, similar episodes have occurred in periods of risk with volatility usually normalising within a few months. Bid-ask spreads have also notably risen since 2024; however, barring unusually high spikes in off market hours, the gold market still offers sizable liquidity through record trading volumes and two-way market activity. Amid a visible increase in the bond-equity correlation, gold remains a valuable strategic asset and portfolio diversifier even when accounting for its higher volatility environment.
Blog Posted 6 days ago

Ray Jia

Head of Research (Asia Pacific, ex-India) and Deputy Head of Trade Engagement (China) World Gold Council

China gold market update: A seasonal demand rebound in March

A decline in March narrowed gold’s Q1 gain. Wholesale gold demand rebounded notably m/m supported by seasonality. Local gold ETFs saw continued inflows in March, pushing the Q1 demand to a record high. The PBoC’s gold purchasing streak extended to 17 months in March. And gold imports during the first two months of 2026 rose. 

 Blog Posted 1 week ago