ANI
31 Jul 2025, 14:05 GMT+10
New Delhi [India], July 31 (ANI): The gold demand in Q2 2025 witnessed a rise of 3 per cent to reach 1,249t, amid a high price environment, as revealed in a recent report by the World Gold Council.The report added that the strong gold investment flows boosted quarterly growth, as an increasingly unpredictable geopolitical environment and price momentum sustained demand.'Global markets have navigated a volatile start to the year marked by trade tensions, unpredictable US policy shifts and frequent geopolitical flashpoints,' said Louise Street, Senior Markets Analyst at the World Gold Council.'Gold recorded a remarkable 26% appreciation in the first half of the year in dollar terms, outperforming many major asset classes. With such an impressive start to the year, it is possible that gold could trade within a relatively narrow range in the latter half of 2025,' Street added.Gold ETF demand also acted as a key demand driver as it experienced an inflow of 170t over the quarter, compared with small outflows in Q2 2024. Particularly, Asian-listed funds were major contributors at 70t, keeping pace with US flows.Gold ETF also reached its highest first-half total since 2020, with record inflows in Q1, global gold ETF demand reached 397t.The report by WGC also said that the total bar and coin investment increased by 11 per cent year-on-year, adding 307t, with Chinese investors leading the way with a notable 44 per cent year-on-year increase to 115t, while Indian investors continued to add to their holdings, totalling 46t in Q2.On the flip side, divergent trends were witnessed in Western markets as European net investment more than doubled to 28t while US bar and coin demand halved to 9t in the second quarter.Jewellery demand continued to decline, with the volume of consumption down 14 per cent and nearing low levels last seen in 2020 during the COVID pandemic. (ANI)
Get a daily dose of Hong Kong Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Hong Kong Herald.
More InformationHONG KONG: CK Hutchison is exploring the inclusion of a major Chinese investor in the proposed US$22.8 billion sale of its global ports...
NEW YORK CITY, New York: Marc Jacobs, once a crown jewel in LVMH's fashion portfolio, may soon find a new home. The French luxury conglomerate...
ISTANBUL, Turkey: Iran firmly dismissed proposals to extend a key United Nations resolution tied to the 2015 nuclear agreement as it...
New Delhi [India], July 31 (ANI): Communist Party of India (CPI) MP P Sandosh Kumar on Thursday lambasted the Centre after the US imposed...
New Delhi [India], July 31 (ANI): The gold demand in Q2 2025 witnessed a rise of 3 per cent to reach 1,249t, amid a high price environment,...
New Delhi [India], July 31 (ANI): Trinamool Congress (TMC) MP Mahua Moitra on Thursday took a dig at Prime Minister Narendra Modi and...
HONG KONG: CK Hutchison is exploring the inclusion of a major Chinese investor in the proposed US$22.8 billion sale of its global ports...
NEW YORK, New York - U.S. stocks closed mixed on Wednesday, despite strong economic data. As expected the Federal Reserve kept interest...
ST. LOUIS, Missouri: Boeing is bracing for a strike at its defense manufacturing hub in the St. Louis area after unionized workers...
SEOUL, South Korea: Elon Musk has confirmed that Tesla has entered into a US$16.5 billion chip supply agreement with Samsung Electronics,...
FRANKFURT, Germany: A major trade agreement between the United States and the European Union has averted an immediate escalation in...
NEW YORK, New York - U.S. stocks fell Tuesday after the markets' recent heady gains, as profit-takers moved in. Uppermost in investors...
