Gold ETF Inflows Surge to Match Equity Levels in January 2026
According to the latest data released by the Association of Mutual Funds in India (AMFI), gold exchange-traded funds (ETFs) have experienced a remarkable surge in investor inflows during January 2026, reaching levels comparable to equities for the first time in history. This unprecedented trend highlights a significant shift in investment preferences amid heightened activity in the precious metals market.
Record-Breaking Inflows for Gold and Silver ETFs
The AMFI report indicates that gold and silver ETFs collectively attracted an inflow of ₹33,503 crore in January 2026, underscoring the growing appetite for non-equity exchange-traded products among Indian investors. This substantial figure reflects a broader diversification strategy as market participants seek alternative assets.
Gold ETFs alone recorded inflows worth ₹24,050 crore, which is nearly double the ₹11,647 crore observed in December 2025. This dramatic increase of over 100% month-on-month demonstrates the accelerating momentum behind gold as a preferred investment vehicle, potentially driven by factors such as economic uncertainty or inflationary pressures.
Meanwhile, silver ETFs also saw robust activity, with inflows amounting to ₹9,463 crore in January. This significant contribution further emphasizes the rising interest in precious metals, positioning silver as a complementary asset to gold in investor portfolios.
Implications for the Investment Landscape
The data reveals that gold ETFs have now pulled in inflows at par with equities for the first time, marking a pivotal moment in India's financial markets. This parity suggests that investors are increasingly viewing gold not just as a safe-haven asset but as a core component of their investment strategy, rivaling traditional equity funds.
The collective inflow of ₹33,503 crore into gold and silver ETFs in January 2026 signals a transformative period where exchange-traded products beyond equities are gaining substantial traction. This trend could reshape asset allocation patterns, encouraging more diversified and resilient portfolios.
As the story continues to develop, market analysts will closely monitor whether this surge in precious metal ETF inflows sustains in the coming months, potentially influencing broader economic indicators and investment behaviors across the nation.
