For physical gold, demand totaled 1,374 tonnes or US$154 billion, with two major markets, China and India accounting for more than 50% of demand, posting y-o-y gains of 28% and 17% respectively.
Global gold demand in 2025 reached an all-time high of 5,002 tonnes as well as gold investment which hit US$555 billion according to the World Gold Council’s (WGC) full-year 2025 Gold Demand Trends report release today.
The report attributed record breaking gold prices to investment demand which reached 2,175 tonnes, with investors flying to the safe-haven asset causing a lift-off in prices. Gold ETFs saw inflows of 801 tonnes, with holdings in Asian funds up 97% y-o-y supported by inflows of US$25 billion.
