As expected, gold ETFs (exchange-traded funds) logged a whopping 106% jump in fund inflows at Rs 24,040 crore in January 2026, buoyed by strong demand for the yellow metal in both the physical and paper forms. In the previous month of December 2025, gold ETFs witnessed Rs 11,646.74 crore inflows – marking the second straight month of surge in inflows. The month-on-month surge in gold ETF inflows was even stronger in December 2025. Gold ETFs saw a big 211% rise in inflows in December over the previous month, according to official AMFI data. The year-on-year growth in gold ETF inflows is much higher than even the December growth. Gold ETFs clocked a massive 540% surge in inflows on a yearly basis in the month of January 2026.