Mumbai, April 29 -- World Gold Council or WGC has stated in its latest Gold Demand Trends that total Q1 2026 global gold demand, including OTC, was 2% higher y/y at 1,231 tonnes (t). This modest growth in volumes combined with gold's exceptional price rise, generated a 74% jump in the value of quarterly demand to a record US$193bn. Bar and coin demand of 474t (+42%) was the second highest quarter on record. Asian investors led the charge, hoovering up gold investment products. Buying of gold-backed ETFs continued in Q1 (+62t), but at a lower rate than the very strong Q1'25 (+230t) following sizable outflows from US funds in March.
Amid record high gold prices, jewellery demand volumes remained under pressure (-23% y/y), while levels of spe...