Global gold demand tops 5,000 tonnes in 2025 as prices hit records

Global gold demand surged to unprecedented levels in 2025, driven by record prices, robust investment inflows and sustained central bank buying, according to the Gold Demand Trends Q4 and Full Year 2025 report published by the World Gold Council on January 29.

Total gold demand exceeded 5,000 tonnes for the first time on record, with demand value soaring to a historic $555 billion, up 45% on year, the WGC said. Physical gold investment demand remained strong, with global bar and coin purchases reaching 1,374 tonnes, valued at $154 billion. China and India stood out