Global gold demand rose to record high in the previous year

According to the Branchenverbands World Gold Council (WGC) a Record high reached. Above all, a stronger demand from speculative buyers I led to an increase in global demand to 4,974.5 tons, as can be seen from the monthly report of the Goldbranche Interest Association on Wednesday in London.

The demand is compared to the previous year increased by one percent And has been as high as never before. While the demand was added, the gold price has also increased to heights that have never been known before. After a troy ounce (about 31.1 grams) had been traded at around $ 2,000 in early 2024, the price increased in the course of the year and reached several times. Also at the beginning of 2025 the gold price remained on record hunting and reached as a result of the changed US trade policy In the first week of February over $ 2,830 (2,738 euros) per ounce.

Stronger demand for investments and speculative systems

The speculative facilities and investments in gold included the stronger drivers of the demand for gold. Here the industry association recorded one last year Arrival by around 25 percent at 1,179.5 tons. Among other things, there was an increase in purchases of gold bars, which the WGC estimated at 10 percent to 860 tons.

In contrast, the demand has a little weaker Central banks developed. As the WGC’s survey continued, it decreased by one percent to around 1,045 tons. However, the industry association emphasized that the demand at the end of the year was noticeably stronger.

For this year, the association continues to expect a comparatively strong gold demand by the central banks, which are theirs national reserves increase. In contrast, the demand for gold jewelry should continue to be under pressure against the background of the high prices.