Global gold demand flat at 1,269 tonnes in April-June quarter: WGC report

Global gold demand was flat at 1,269 tonnes in Q2 2026, nearly unchanged from 1,268.6 tonnes a year earlier, per the World Gold Council (WGC) Q2 2026 Gold Demand Trends report.

Investment in gold ETFs, bars, and coins fell to 262 tonnes in Q2, driven by 45 tonnes of outflows from gold-backed ETFs, as lower prices eased earlier strong investment momentum.

Central banks net purchased 289 tonnes of gold in Q2, a 62% increase year-on-year, led by Poland, China, the Czech Republic, and the RBI adding 200 kg.

Jewellery demand fell 17% year-on-year in volume in Q2 due to high gold prices, but first-half value rose 22% year-on-year to $86 billion.

OTC market demand remained strong at 327 tonnes in Q2 and 571 tonnes in the first half, supported by Asian investors.