Gold ETF inflows hit USD 88.5 billion worldwide; Nippon India Gold BeES ranks 15th

Global gold ETFs saw strong net inflows of USD 88.5 billion in calendar year 2025, reaffirming gold’s role as a key portfolio diversifier. Reflecting this trend, Nippon Life India Asset Management’s flagship Nippon India ETF Gold BeES ranked among the world’s top 15 gold ETFs by fund flows, according to the World Gold Council’s December 2025 rankings.

In 2025, the Nippon India ETF Gold BeES garnered inflows of USD 1.17 billion, making it the largest Gold ETF in India and earning it a global ranking of 15th among Gold ETFs worldwide. The fund also led domestic flows by a wide margin, reinforcing its leadership position in India’s rapidly expanding Gold ETF landscape.

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This recognition comes at a time when global investors increasingly turned to gold-backed ETFs as a hedge against macroeconomic uncertainty.

India emerged as one of the third-largest markets globally for Gold ETF inflows, attracting USD 4.37 billion during 2025, trailing only the United States and China. Within this strong domestic performance, Nippon India ETF Gold BeES stood out as the only Indian Gold ETF to feature among the Top 20 globally by flows.

“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,” said Vikram Dhawan, Head Commodities and Fund Manager, Nippon India Mutual Fund.

Dhawan further added that globally, gold ETFs witnessed strong investor sentiment, with net inflows of around USD 88.5 billion during the year. Meanwhile, India 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,” Dhawan further added.

North America received total inflows of USD 50,647 million, followed by Asia receiving USD 25,55 million and Europe receiving USD 11,747 million in the calendar year 2025.

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Among the top 15 gold ETF flows, Nippon India ETF Gold BeES ranked 15th. Globally, SPDR Gold Shares topped the list with inflows of USD 23,361 million, followed by iShares Gold Trust, which attracted USD 11,150 million.

On the outflow side, Xtrackers IE Physical Gold ETC recorded the largest redemption of USD 1,468 million, while SMO Physical Gold ETC saw outflows of USD 1,392 million, placing both among the bottom 15 funds by flows.

The top 15 funds ranked by demand as a percentage of holdings, Edelweiss Gold ETF placed fifth, followed by Tata Gold Exchange Traded Fund at sixth, and Zerodha Gold ETF at eighth in the calendar year ended December 31, 2025.