Latest news with #GoldDemandTrends
Hans India
01-08-2025
- Business
- Hans India
Moderate 3% rise in global gold demand
Global gold demand increased three per cent year-on-year to 1,249 tonne during the April-June quarter of the current year, amid a high price environment, World Gold Council (WGC) said in a report on Thursday. Strong gold investment flows largely fuelled quarterly growth, as an increasingly unpredictable geopolitical environment and price momentum sustained demand, according to WGC's Q2/2025 Gold Demand Trends report. 'Gold ETF investment remained a key driver of total demand, with inflows of 170 tonnes over the quarter, compared with small outflows in Q2 2024. Asian-listed funds were major contributors at 70 tonne, keeping pace with US flows. Combined with record inflows in the first quarter, global gold ETF desmand reached 397 tonne, the highest first-half total since 2020,' the report added. Meanwhile, the total bar and coin investment also increased 11 per cent year-on-year, adding 307 tonne. Chinese investors led the way with a 44 per cent year-on-year increase to 115 tonne, while Indian investors continued to add to their holdings, totalling 46 tonne in the second quarter. Divergent trends emerged in Western markets as European net investment more than doubled to 28 tonne, while US bar and coin demand halved to 9 tonne in the second quarter. Central banks continued to buy, adding 166 tonne in the April-June quarter this year, led by Poland, Turkey and Azerbaijan. Despite this deceleration, central bank buying remained at significantly elevated levels due to ongoing economic and geopolitical uncertainty. 'Our annual central bank survey shows that 95 per cent of reserve managers believe that global central bank gold reserves will increase over the next 12 months,' the report said. Jewellery demand continued to decline, with the volume of consumption down 14 per cent and nearing low levels last seen in 2020 during the Covid pandemic. Jewellery demand in China was down 20 per cent, and Indian demand fell 17 per cent year-on-year. However, in value terms, the global jewellery market increased to a total of $36 billion. 'The overall jewellery has dropped to 341 tonnes but increased in value to about $36 billion, which is interesting. From a Chinese demand perspective, it's down 20 per cent in terms of volume. In by 17 per cent in terms of volume. But again, in terms of value, it's significantly higher than last year,' Sachin Jain, WGC Regional CEO - India, told PTI. Further, the report revealed that the total gold supply increased 3 per cent to 1,249 tonnes, with mine production up marginally to a new second quarter record. Recycling increased 4 per cent year-on-year but stayed relatively subdued considering the high price environment. 'Global markets have navigated a volatile start to the year marked by trade tensions, unpredictable US policy shifts and frequent geopolitical flashpoints.
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Business Standard
31-07-2025
- Business
- Business Standard
Global gold demand rises 3% on stronger investment flows, says WGC
Global gold demand increased 3 per cent year-on-year to 1,249 tonnes during the April-June quarter of the current year, amid a high price environment, World Gold Council (WGC) said in a report on Thursday. Strong gold investment flows largely fuelled quarterly growth, as an increasingly unpredictable geopolitical environment and price momentum sustained demand, according to WGC's Q2 2025 Gold Demand Trends report. "Gold ETF investment remained a key driver of total demand, with inflows of 170 tonnes over the quarter, compared with small outflows in Q2 2024. "Asian-listed funds were major contributors at 70 tonnes, keeping pace with US flows. Combined with record inflows in the first quarter, global gold ETF demand reached 397 tonnes, the highest first-half total since 2020," the report added. Meanwhile, the total bar and coin investment also increased 11 per cent year-on-year, adding 307 tonnes. Chinese investors led the way with a 44 per cent year-on-year increase to 115 tonnes, while Indian investors continued to add to their holdings, totalling 46 tonnes in the second quarter. Divergent trends emerged in Western markets as European net investment more than doubled to 28 tonnes while US bar and coin demand halved to 9 tonnes in the second quarter. Central banks continued to buy, adding 166 tonnes in the April-June quarter this year, led by Poland, Turkey and Azerbaijan. Despite this deceleration, central bank buying remained at significantly elevated levels due to ongoing economic and geopolitical uncertainty. "Our annual central bank survey shows that 95 per cent of reserve managers believe that global central bank gold reserves will increase over the next 12 months," the report said. Jewellery demand continued to decline, with the volume of consumption down 14 per cent and nearing low levels last seen in 2020 during the COVID pandemic. Jewellery demand in China was down 20 per cent, and Indian demand fell 17 per cent year-on-year. However, in value terms, the global jewellery market increased to a total of USD 36 billion. "The overall jewellery has dropped to 341 tonnes but increased in value to about USD 36 billion, which is interesting. From a Chinese demand perspective, it's down 20 per cent in terms of volume. In by 17 per cent in terms of volume. But again, in terms of value, it's significantly higher than last year," Sachin Jain, WGC Regional CEO - India, told PTI. Further, the report revealed that the total gold supply increased 3 per cent to 1,249 tonnes, with mine production up marginally to a new second quarter record. Recycling increased 4 per cent year-on-year but stayed relatively subdued considering the high price environment. "Global markets have navigated a volatile start to the year marked by trade tensions, unpredictable US policy shifts and frequent geopolitical flashpoints. The robust investment activity we have seen in the first half of 2025 underscores gold's role as a hedge against economic and geopolitical risks. Ongoing market volatility, coupled with gold's impressive price performance in recent months, has also generated significant momentum, drawing capital from investors around the globe," Louise Street, Senior Markets Analyst at WGC, said. She said that gold recorded 26 per cent appreciation in the first half of the year in dollar terms, outperforming many major asset classes. "With such an impressive start to the year, it is possible that gold could trade within a relatively narrow range in the latter half of 2025. "On the other hand, the macroeconomic environment remains highly unpredictable, which may underpin further gains for gold. Any material deterioration in global economic or geopolitical conditions could further amplify gold's safe-haven appeal, potentially pushing prices higher still," she added.
News18
31-07-2025
- Business
- News18
Global gold demand up 3 pc in Apr-Jun qtr driven by higher investment flows: WGC
Mumbai, Jul 31 (PTI) Global gold demand increased 3 per cent year-on-year to 1,249 tonnes during the April-June quarter of the current year, amid a high price environment, World Gold Council (WGC) said in a report on Thursday. Strong gold investment flows largely fuelled quarterly growth, as an increasingly unpredictable geopolitical environment and price momentum sustained demand, according to WGC's Q2 2025 Gold Demand Trends report. 'Gold ETF investment remained a key driver of total demand, with inflows of 170 tonnes over the quarter, compared with small outflows in Q2 2024. 'Asian-listed funds were major contributors at 70 tonnes, keeping pace with US flows. Combined with record inflows in the first quarter, global gold ETF demand reached 397 tonnes, the highest first-half total since 2020," the report added. Meanwhile, the total bar and coin investment also increased 11 per cent year-on-year, adding 307 tonnes. Chinese investors led the way with a 44 per cent year-on-year increase to 115 tonnes, while Indian investors continued to add to their holdings, totalling 46 tonnes in the second quarter. Central banks continued to buy, adding 166 tonnes in the April-June quarter this year, led by Poland, Turkey and Azerbaijan. Despite this deceleration, central bank buying remained at significantly elevated levels due to ongoing economic and geopolitical uncertainty. 'Our annual central bank survey shows that 95 per cent of reserve managers believe that global central bank gold reserves will increase over the next 12 months," the report said. Jewellery demand continued to decline, with the volume of consumption down 14 per cent and nearing low levels last seen in 2020 during the COVID pandemic. Jewellery demand in China was down 20 per cent, and Indian demand fell 17 per cent year-on-year. However, in value terms, the global jewellery market increased to a total of USD 36 billion. 'The overall jewellery has dropped to 341 tonnes but increased in value to about USD 36 billion, which is interesting. From a Chinese demand perspective, it's down 20 per cent in terms of volume. In India…down by 17 per cent in terms of volume. But again, in terms of value, it's significantly higher than last year," Sachin Jain, WGC Regional CEO – India, told PTI. Further, the report revealed that the total gold supply increased 3 per cent to 1,249 tonnes, with mine production up marginally to a new second quarter record. Recycling increased 4 per cent year-on-year but stayed relatively subdued considering the high price environment. 'Global markets have navigated a volatile start to the year marked by trade tensions, unpredictable US policy shifts and frequent geopolitical flashpoints. The robust investment activity we have seen in the first half of 2025 underscores gold's role as a hedge against economic and geopolitical risks. Ongoing market volatility, coupled with gold's impressive price performance in recent months, has also generated significant momentum, drawing capital from investors around the globe," Louise Street, Senior Markets Analyst at WGC, said. She said that gold recorded 26 per cent appreciation in the first half of the year in dollar terms, outperforming many major asset classes. 'With such an impressive start to the year, it is possible that gold could trade within a relatively narrow range in the latter half of 2025. 'On the other hand, the macroeconomic environment remains highly unpredictable, which may underpin further gains for gold. Any material deterioration in global economic or geopolitical conditions could further amplify gold's safe-haven appeal, potentially pushing prices higher still," she added. PTI SM SHW (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: July 31, 2025, 14:00 IST News agency-feeds Global gold demand up 3 pc in Apr-Jun qtr driven by higher investment flows: WGC Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Trade Arabia
05-02-2025
- Business
- Trade Arabia
Global gold demand hits new high as prices soar in 2024
The World Gold Council's Q4 and Full Year 2024 Gold Demand Trends report reveals that total annual gold demand hit a new, record high of 4,974 tonnes, driven by strong, sustained central bank buying and growth in investment demand. The demand in 2023 was 4,945.9 tonnes. The combination of record high gold prices, and volumes resulted in the highest ever total value of demand at $382 billion. Central banks continued to buy gold at pace in 2024, with purchases exceeding 1,000 tonnes for the third year in a row. Buying ramped up significantly in Q4, reaching 333 tonnes and bringing the annual total for central banks to 1,045t. Global investment demand increased 25% year-on-year to 1,180 tonnes – a four-year high – driven by a revival in gold ETF demand in the second half of 2024. Global gold ETFs added 19 tonnes in Q4 2024, marking two consecutive quarters of inflows for the asset class. Bar and coin demand stayed largely in line with 2023 volumes at 1,186 tonnes in 2024. Unsurprisingly, high prices dampened demand in the jewellery sector, with annual consumption decreasing by 11% to 1,877 tonnes. The decline was driven largely by weakness in China (down 24% year-on-year), though Indian demand remained resilient, dropping just 2% in 2024, in a record high price environment. The technology sector saw its strongest quarter since Q4 2021, with demand reaching 84 tonnes. A modest rise in gold volumes used in artificial intelligence (AI) and electronics contributed to a 7% year-on-year increase, netting at 326 tonnes. Total gold supply increased 1% year-on-year, reaching a new record high of 4,794 tonnes. Growth in both mine production and recycling contributed to the increase in total gold supply. The council expects central banks to stay in the driving seat in 2025 and gold ETF investors to join the fray. Jewellery demand will remain under pressure and may see further growth in recycling, it said.
Zawya
05-02-2025
- Business
- Zawya
Global gold demand hits new high as prices soar in 2024
The World Gold Council's Q4 and Full Year 2024 Gold Demand Trends report reveals that total annual gold demand hit a new, record high of 4,974t, driven by strong, sustained central bank buying and growth in investment demand. The combination of record high gold prices, and volumes resulted in the highest ever total value of demand at $382bn. Central banks continued to buy gold at pace in 2024, with purchases exceeding 1,000t for the third year in a row. Buying ramped up significantly in Q4, reaching 333t and bringing the annual total for central banks to 1,045t. Global investment demand increased 25% year-on-year to 1,180t – a four-year high – driven by a revival in gold ETF demand in the second half of 2024. Global gold ETFs added 19t in Q4 2024, marking two consecutive quarters of inflows for the asset class. Bar and coin demand stayed largely in line with 2023 volumes at 1,186t in 2024. Unsurprisingly, high prices dampened demand in the jewellery sector, with annual consumption decreasing by 11% to 1,877t. The decline was driven largely by weakness in China (down 24% year-on-year), though Indian demand remained resilient, dropping just 2% in 2024, in a record high price environment. The technology sector saw its strongest quarter since Q4 2021, with demand reaching 84t. A modest rise in gold volumes used in artificial intelligence (AI) and electronics contributed to a 7% year-on-year increase, netting at 326t. Total gold supply increased 1% year-on-year, reaching a new record high of 4,794t. Growth in both mine production and recycling contributed to the increase in total gold supply.
