World demand for gold is rising: central banks play a key position – Metals – 1 August 2025


Within the second quarter of 2025, world gold demand elevated by 3% in comparison with the identical interval in 2024, reaching 1,249 tons. On the similar time, in financial phrases, demand jumped by 45% to $132 billion, reflecting rising costs for the dear metallic.

Central banks continued to play a key position by growing their reserves by 166 tons. Nonetheless, this determine was 21% decrease than final yr’s degree. 

Consumption of gold jewellery decreased by 14% to 341 tons, the bottom degree because the third quarter of 2020. This can be attributable to adjustments in client preferences and financial instability.

This yr, gold reached a document worth above $3,500, however now it’s buying and selling at $3,356 per ounce, remaining at traditionally excessive positions.

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