Chinese gold imports hit highest level in nearly a decade
China imported more than 1,100 tonnes of gold in the first eight months of 2026, the highest level since at least 2017. Strong investment demand and a robust yuan drove the surge.
Gold Market
China imported more than 1,100 tonnes of gold in the first eight months of 2026, the highest level since at least 2017. Strong investment demand and a robust yuan drove the surge.
India's gold imports doubled in July to an estimated 40-45 tonnes, defying Prime Minister Modi's appeal and a sharp customs duty hike. Cultural attachment and store-of-value demand keep the market resilient.
Tata Mutual Fund has removed limits on large investments in its Gold ETF and Gold ETF Fund of Funds after market conditions normalised, joining HDFC and Invesco in easing curbs imposed earlier this year.