Gold ETFs outshine equities: Investor flight to safety in December 2025 market trends

Key Highlights

• The significant inflow lifted the assets under management (AUM) of gold ETFs by nearly 16 per cent month-on-month to Rs 1.28 lakh crore.
• Investors increasingly preferred gold ETFs as a regulated, liquid and cost-efficient alternative to physical gold, particularly as volatility persisted across equity and debt markets.
• Rising folio numbers and expanding AUM indicated continued structural growth in the segment.
• Digital investment platforms and easier access to gold through transparent ETF structures further supported investor participation.
• In December 2025, gold ETFs delivered an average return of 2.96 per cent, with Tata Gold ETF recording the highest monthly return of 3.71 per cent.