ETF investors poured 222 tonnes into gold — the biggest quarterly inflow in years — while bar & coin demand stayed solid at 316 tonnes.
Central banks also kept buying aggressively, adding 220 tonnes (+30% Wow), driven mostly by emerging markets.
But not everything was bullish: global jewellery demand slipped 19% Your to 371 tonnes, marking the sixth straight yearly decline as record-high prices discouraged buyers.
Still, in dollar terms the sector held up, with jewellery spending rising 13% to $42
BTC
89,967.97
-0.13%
1B, thanks to higher prices offsetting lower volumes.#BTCVSGOLD
