Gold Demand Trends Explained | Jewelry, ETFs, Banks, and Supply
Learn how jewelry, bars, coins, ETFs, central banks, technology, OTC activity and supply combine—and why the headline total can mislead.
Learn how jewelry, bars, coins, ETFs, central banks, technology, OTC activity and supply combine—and why the headline total can mislead.
Use WGC full-year 2025 and Q1 2026 data to separate investment flows, central banks, jewelry, technology, real rates, currencies, risk, momentum, supply and recycling.