According to a report by the World Gold Council, global gold demand in 2025 reached its highest level since 2010.
This demand comes from the jewellery fabrication sector, technology, investment, central banks and other institutions, as well as over-the-counter (OTC) transactions and other sources.
Over the past year, total global gold demand from these sectors reached 5,002.3 tons, growing by 1% year-on-year (yoy).
This increase was driven by demand in the investment sector, which reached 2,175.3 tons, a jump of 84% (yoy).
Historically, global gold demand has been volatile during the period 2010-2021. The lowest demand occurred in 2010, which was only 4,316.8 tons.
From 2022 to 2025, global gold demand has consistently increased, as shown in the chart above.
Throughout 2025, total global gold supply amounted to 5,002.3 tons. This supply came from mine production of 3,598 tons and recycled gold weighing 1,404.3 tons.