Global gold demand reaches record high value of over $100 billion

Investment demand for gold skyrocketed, more than doubling from the previous year to 364 tonnes. This surge was primarily fueled by a shift in demand for gold exchange-traded funds (ETFs) among Western investors, with global gold ETFs adding 95 tonnes–a notable rebound as this marked the first positive quarter since Q1 2022.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *