In the second quarter of 2025, global gold demand increased by 3% compared to the same period in 2024, reaching 1,249 tons. At the same time, in monetary terms, demand jumped by 45% to $132 billion, reflecting rising prices for the precious metal. Central banks continued to play a key role by increasing their reserves by 166 tons. However, this figure was 21% lower than last year's level. Consumption of gold jewelry decreased by 14% to 341 tons, the lowest level since the third quarter of 2020. This may be due to changes in consumer preferences and economic instability. This year, gold reached a record price above $3,500, but now it is trading at $3,356 per ounce, remaining at historically high positions.
