Home>News & Insights>Publications>India seeks safe harbor in gold & gems amid global uncertaintyIndia seeks safe harbor in gold & gems amid global uncertainty CEIC Publications Ana Cuello Franco 12.05.2026 under a minute read As geopolitical stress mounts, Indian households have been turning to a traditional store of value: gold. India has long been disproportionately influential in the bullion market due to a preference for gold jewelry as a store of household wealth and hedge against economic uncertainties. Jewelry is such an important part of the economy that it has its own sub-component in the CPI. We’ve also charted the Economic Policy Uncertainty Index* for India, which aims to reflect sentiment by analyzing news coverage. It has shot higher through 2025-26, coinciding with even steeper price rises for jewelry. (Before the war in the Gulf, India was already facing economic stress amid tariff threats from Donald Trump.) Tags GoldIndiaPrecious MetalsRecent Posts EU inflation runs hot, but is contained to energy so far amid ECB’s hawkish CEIC 09.10.2026 Insights Headline inflation in the euro area has more than doubled since January amid the Hormuz oil shock. But so far, Read More Vietnam's rising electronics competitiveness drives a swing to trade surplus CEIC 09.10.2026 Insights In September, Vietnam posted a trade surplus of USD 1.27 billion, breaking a nine-month streak of deficits. Exports soared almost Read More Brazil's first-round election results trigger currency and stock rally on expectations of tighter fiscal policy CEIC 09.10.2026 Insights Brazil’s voters surprised markets on Oct. 4, with conservative challenger Flávio Bolsonaro performing more strongly than expected against incumbent president Read More Sorry, no articles match the current filters. Sorry, no articles match the current search query.