Gold Rush

India/Asia gold/silver demand—bars/coins rec value/YG digitizing/ETFs+186%/China 790t imp/insurers $27B/SH prem

India/Asia gold/silver demand—bars/coins rec value/YG digitizing/ETFs+186%/China 790t imp/insurers $27B/SH prem

Key Questions

How strong is India's Q1 gold investment demand?

India Q1 investment hit record 82t, +52% surpassing jewellery 151t. ETFs surged +186%.

What is driving Asia's gold demand surge?

China 207t CB buying, insurers $27B pivot (1% allocation), ETFs +62t. Singapore bars amid stagflation.

What is the long-term outlook for Asian gold demand?

CB pivot signals LT bull, with investment overtaking jewellery. Safe-haven shift supports sustained demand.

India Q1 invest82t+52%>jew/bars-coins record value/ETFs+186%/young digitizing; China207t gold/insurers $27B/H1 silver790t/Shang prem 15-25%/Sing/export ban; phys dominance/CB LT bull.

Sources (2)
Updated May 6, 2026