Gold News

The World Gold Council’s Q1 2025 Gold Demand Trends report reveals total quarterly gold demand (including OTC [Total gold demand refers to the total of jewellery fabrication, technology fabrication, investment, net purchases by central banks, and over-the-counter (OTC) transactions (also referred to as ‘off exchange’ trading) that take place directly between two parties, unlike exchange trading which is conducted via an exchange.]) was 1,206t, a 1% increase year-on-year, in a record high price environment, in which gold surpassed US$3,000/oz.

The National Financial Regulatory Administration of China has issued the “Notice on Launching a Pilot Program for Insurance Funds to Invest in Gold” (hereinafter referred to as the “Notice”), allowing ten insurance companies to invest in gold, effective immediately upon the release of the Notice on February 7.

Central bank buying – which topped 1,000t for the third year in a row – along with a return of Western ETF investment lifted gold demand to a record of 4,974t (US$382bn). The gold price reached multiple record highs during the year, which weighed on global jewellery consumption.

The Rt. Hon Dominic Raab, in partnership with the World Gold Council, today publishes a new report examining the systemic threats from the illicit trade of gold through artisanal and small-scale gold mining (ASGM).

The World Gold Council’s Q3 2024 Gold Demand Trends report reveals that total gold demand  increased 5% year-on-year to 1,313t, a record third quarter. Total demand exceeded US$100bn for the first time on record, supported by strong investment in a record-high price environment.