Within the second quarter of 2025, international gold demand elevated by 3% in comparison with the identical interval in 2024, reaching 1,249 tons. On the identical time, in financial phrases, demand jumped by 45% to $132 billion, reflecting rising costs for the valuable steel.
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 stage.
Consumption of gold jewellery decreased by 14% to 341 tons, the bottom stage for the reason that third quarter of 2020. This can be on account of adjustments in client preferences and financial instability.
This yr, gold reached a document value above $3,500, however now it’s buying and selling at $3,356 per ounce, remaining at traditionally excessive positions.
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