Record Gold Prices Trigger Divergence in Asian Markets

Gold prices reached $4,642.72 per ounce on January 15, 2026, causing a stark contrast in demand across Asia. While India sees a drop, other markets remain resilient.

Insights:
Gold prices soared to an unprecedented $4,642.72 per ounce on January 15, 2026, marking a significant milestone in the precious metals market. This record high has sparked a notable divergence in demand patterns across major Asian markets, with India and China, two of the world's top gold consumers, exhibiting contrasting responses.
FILE PHOTO: Gold necklaces are showcased in a jewelry showroom during Akshaya Tritiya, a significant gold purchasing festival, in Mumbai, India, on April 18, 2018. REUTERS/Francis Mascarenhas/File Photo
FILE PHOTO: Gold necklaces are showcased in a jewelry showroom during Akshaya Tritiya, a significant gold purchasing festival, in Mumbai, India, on April 18, 2018. REUTERS/Francis Mascarenhas/File Photo
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