Total gold demand during Q2 2026 was flat year-on-year at 1,269 tonnes, as the gold price eased from the record highs seen at the start of 2026, the World Gold Council’s Gold Demand Trends report revealed.
The quarterly gold demand (including OTC) soared to hit 1,313 tonne ($146 billion in value terms) mainly driven by a powerful combination of an uncertain and volatile geopolitical environment, according to a report by World Gold Council.