Jun 29, 2026 · 9:09 PM
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Indian households are selling gold as prices fall and the math could weigh on bullion through 2026
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Indian households are selling gold as prices fall and the math could weigh on bullion through 2026
Indian households sold nearly 50 tonnes of gold back into the market in the April-June quarter of 2026, a 43% jump year-over-year, as a 22% price correction from January's all-time high of $5,589 per ounce turns Asia's most devoted retail gold holders into net sellers. With Indian households sitting on an estimated 30,000 tonnes of gold and recycling volumes potentially reaching 200-250 tonnes this year, the structural supply pressure could complicate gold's recovery even as central banks remain
Judith Murphy
5 min read
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