Global gold demand rises in early 2026

The Report Desk

Published: April 29, 2026, 05:14 PM

Global gold demand rises in early 2026

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Global demand for gold increased slightly in the first quarter of 2026, supported by strong investment buying, according to a report by the World Gold Council.

Total demand, including over-the-counter trading, reached 1,231 tonnes, up 2 percent from the same period last year.

Investment demand showed the biggest rise, with purchases of gold bars and coins jumping 42 percent to 474 tonnes. The report said strong buying in Asian markets played a key role in this increase.

Jewellery demand dropped to 300 tonnes, down 23 percent, although spending on jewellery rose by 31 percent, showing continued interest despite lower volumes.

Central banks also added to their reserves, buying 244 tonnes of gold during the quarter.

Demand from the technology sector grew slightly to 82 tonnes, driven by the expansion of AI-related industries.

On the supply side, global gold output rose 2 percent to match demand at 1,231 tonnes, supported by higher recycling and a small increase in mining production.

The report indicates that gold continues to attract investors even as demand patterns shift across different sectors.

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