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The demand for gold is expected to continue increasing this year:
Global gold demand is projected to reach a record approximately 4,900 tons by 2026, marking the second consecutive year of growth.
Demand for gold used in jewelry is expected to increase by an additional 100 tons, reaching around 1,700 tons, the highest since 2024.
Gold purchases by central banks worldwide are estimated to reach a record high of about 1,000 tons.
Gold-backed ETF funds are expected to record a net inflow of around 900 tons for the second consecutive year.
Meanwhile, demand for gold bars and coins is expected to remain stable at approximately 1,300 tons.
The world cannot have enough gold.