World's demand for gold hit another record high last year

China’s Central Bank Buys More Gold as Prices Hit Record
China’s central bank expanded its gold reserves for a third month in January, even as the precious metal kept rallying to a record high.
Gold Hits An All-Time Record $2865/Oz Thanks To Central Bank Buying
Central banks stormed back into the gold market in the final three months of last year, playing a key role in the metal hitting an all-time high.
Gold demand hits record levels as central banks buy at 'eye-watering' pace
Gold demand is surging to new records, driven by accelerating purchases from central banks as well as investors seeking a safe haven amid the threat of escalating tariffs. On Wednesday gold hit record highs for the fifth consecutive day,
Central Banks Increase Gold Reserves By Over 1,000 Tonnes for the Third Straight Year
Central bank gold demand topped 1,000 tonnes for the third straight year in 2024. It was the third-largest expansion of central bank gold reserves on record.
Citi raises gold forecasts on tariff uncertainty, central bank demand
Citi Research has raised its near-term and 2025 average gold price forecasts, citing trade wars and geopolitical risks under U.S. President Donald Trump, along with robust central bank purchases.
Geopolitical Uncertainty Fuels Gold's Record-Breaking Demand
Record demand for gold in 2024, driven by central banks and global investors, signals a shift towards safe-haven assets amid geopolitical and economic uncertainty.
World's demand for gold hit another record high last year; appetite for bullion in 2025 remains firm
The world's demand for gold hit another record high in 2024 amid robust central bank purchases and investment demand growth, the World Gold Council said.
Gold’s price gains thumped jewellery demand in 2024, but drove value to record levels - WGC
The fourth-quarter of 2024 set the seal on a very weak year for global gold jewellery demand as record price levels impacted affordability. A 12% y/y drop in Q4 gold jewellery consumption to 547t- took the annual total down to 1,
World Gold Council reports record gold demand and prices in 2024
Central banks and ETFs are predicted to drive gold demand in 2025, with economic uncertainty boosting its role as a hedge.
Buying by Central banks leads to record global gold demand; Jewellery demand down by 11 pc in 2024: WGC
The World Gold Council's Q4 and Full Year 2024 Gold Demand Trends report has revealed that total global gold demand, including over-the-counter (OTC) transactions, reached a record high of 4,974 tonnes in 2024.
Why Donald Trump's first weeks in office have sparked a rush to buy gold
Gold could reach $3,000 per ounce this quarter as investors flock to the safe haven asset amid trade and geopolitical ...
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Bolivia defends central bank gold buying against laundering accusations
The bank has met all traceability requirements, allowing it to purchase and refine more than 18 metric tons since May 2023.
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Gold Demand Set Record in 2024
Gold demand followed prices higher and set a new record in 2024, driven by robust central bank gold buying and surging ...
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China’s central bank maintains gold buying momentum in January
CHINA’S central bank added gold to its reserves in January for a third month, official data by the People’s Bank of China (PBOC) showed on Friday (Feb 7). Read more at The Business Times.
Gold is benefitting from tariff jitters, prompting UBS to lift 12-month forecast to $3,000 an ounce
Strategists at UBS on Thursday raised their 12-month forecast for the precious metal to $3,000 an ounce, from their long-held ...
Central banks to continue their gold buying spree in 2025, says WGC report
The WGC expects jewellery demand to remain under pressure and recycling to rise further this year due to high prices.