India Ranks Third Globally in Gold ETF Inflows in 2025; Nippon India ETF Gold BeES Breaks into Global Top 15, Says WGC Report

India has emerged as the third-largest market globally for gold exchange-traded fund (ETF) inflows, attracting $4.37 billion during 2025. It was trailing only the US and China in terms of Gold ETF inflows. 

Within this strong domestic performance, Nippon India ETF Gold BeES, has secured a place among the Top 15 Gold ETFs globally in terms of fund flows, according to the latest World Gold Council (WGC) rankings for December 2025. It was the only Indian Gold ETF to be featured among the ‘Top 20’ globally in terms of inflows.

During the year, Nippon India ETF Gold BeES attracted inflows of $1.17 billion. It is the largest Indian Gold ETF managing assets worth Rs 39,901 crore as on December 31, 2025.

Gold prices have continuously been breaking records driven primarily by geopolitical tensions and other factors. On January 12, 2026, the price of gold (999 purity) climbed to an all-time high of Rs 1,40,005 per 10 gram.

Data shows that globally investors are increasingly turning to gold-backed ETFs as a hedge against macroeconomic uncertainty. 

Global gold ETFs recorded robust net inflows of $88.50 billion in calendar year 2025, underscoring gold’s continued relevance as a strategic portfolio diversifier.

Says Vikram Dhawan, head, commodities and fund manager, Nippon India Mutual Fund, “Gold continued to play a meaningful role in investor portfolios in 2025, as global markets navigated macro uncertainty, currency volatility, evolving interest-rate expectations and heightened geopolitical risks.”

The domestic flows replicated the global trend. 

According to data from the Association of Mutual Funds in India (Amfi), gold ETFs have witnessed significant net inflows in December 2025 worth Rs 11,646 crore, the highest monthly inflow on record.

Globally, gold ETFs witnessed strong investor interest. Says Dhawan: “With net inflows of around $88.50 billion during the year, India has emerged as one of the key contributors, ranking among the top three countries worldwide in terms of gold ETF inflows. Consistent traction in gold ETFs in India reflects a growing preference for regulated gold.”