World Gold Council: Gold Demand Stable
The 2026 World Gold Council report indicated that global demand for gold remained steady at 1,269 tons during the second quarter, as gold prices retreated from their record levels earlier in the year. This supported a 2% increase in demand in the first half of the year, reaching 2,522 tons valued at $380 billion. Investments in gold-backed exchange-traded funds (ETFs) declined, while demand from central banks rose by 62%, adding 289 tons, with 45% of banks planning to increase their holdings in the coming months. Despite a 17% drop in jewelry demand, its value increased by 22%, reaching $86 billion. Gold continues to be one of the preferred assets as a store of value and a means of diversification for investment portfolios.
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