Global Gold Total Demand Exceeds 5,000 Tons for the First Time in 2025, with Gold Price Hitting 53 All-Time Highs Throughout the Year

BlockBeats News, January 29th, today the World Gold Council released the "Gold Demand Trends Q4 and Full Year 2025 Report," with global gold demand and price hitting record highs simultaneously. In 2025, global gold total demand (including OTC) surpassed 5,000 tons for the first time. Coupled with the strong performance of the gold price throughout the year—breaking records 53 times in total—the total value of global gold demand soared to an unprecedented $5.55 trillion, a 45% year-on-year increase.

In 2025, overall gold demand saw growth: global gold ETF holdings increased by 801 tons, the second-highest annual increment in history; gold bar and coin purchases accelerated to a peak in 12 years. Global central bank gold purchases reached 863 tons, hitting the upper end of the expected range; the scale of gold purchases remains at a historical high, with a wide distribution of central banks engaging in gold buying. However, compared to the past three years, the pace of central bank gold purchases has slowed down.

Against the backdrop of consecutive record-breaking gold prices, gold jewelry demand in 2025 declined, but the total value of global gold jewelry demand still saw an 18% year-on-year increase, rising to a record $172 billion, indicating that global consumer interest in gold jewelry remains strong. Benefiting from the continued growth of AI-related applications, technology-related gold demand remained stable in 2025.

Looking ahead to 2026, amid intensifying geopolitical tensions, the World Gold Council expects that gold ETFs will continue to see strong inflows, and gold bar and coin demand will remain robust, supported by ongoing significant central bank gold purchases worldwide. With the gold price expected to remain at high levels in the long term, gold jewelry demand is anticipated to remain under pressure.