The World Gold Council's Q2 2025 Global Gold Demand Trends Report, released on July 31, revealed that amid high gold prices, total global gold demand (including over-the-counter transactions) reached 1,249 mt in Q2, up 3% YoY. Gold ETF investments remained a key driver in boosting total gold demand, with inflows reaching 170 mt in Q2, contrasting with the minor outflows in Q2 2024. Among these, inflows in the Asian region amounted to 70 mt. In H1, total global gold ETF demand reached 397 mt, marking the highest H1 record since 2020.
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