Consumers in the largest markets of China and India base their buying decisions on the local price of gold. These regional prices often deviate from the international price of gold, reflecting local dynamics in those markets.
This is a time series of the difference between international US$ gold price and the local gold price paid by Indian and Chinese consumers in their respective markets.
Note: In January 2025, we updated our methodology to enhance the accuracy of the Indian gold premium/discount estimates. Consequently, all historical data has been revised to align with this new methodology. For more details on how we calculate this data, please refer to the accompanying methodology note.
