Lates News

On Wednesday, the World Gold Council (WGC) stated that global gold demand (including OTC trading) in the first quarter of 2025 increased by 1% year-on-year to 1,206 tons, reaching the highest level since 2016. The significant increase in gold ETF inflows drove total investment demand to grow by 170% to 552 tons, the highest level since the first quarter of 2022. Demand for gold bars and coins in the first quarter remained at a high level of 325 tons, 15% higher than the five-year quarterly average. Global gold jewelry demand (the main category of physical demand) decreased by 21% to 380.3 tons, the lowest level since the 2020 pandemic. Another major source of gold demand, central bank purchases in the first quarter, decreased by 21% to 243.7 tons.