Group 1 - The core viewpoint of the report indicates that global gold demand reached 1206 tons in Q1 2025, marking a 1% year-on-year increase and the highest level for a first quarter since 2016 [1] - Global gold investment demand surged to 551.9 tons, reflecting a significant year-on-year increase of 170% [1] - The demand for gold bars and coins was 325.4 tons, up 3% year-on-year, exceeding the five-year quarterly average by 15% [1] Group 2 - The net inflow into global gold ETFs was 226.5 tons, a substantial increase from 18.7 tons in the previous quarter, making it the primary driver of investment demand in Q1 [1] - In April alone, gold ETF inflows in Asia surpassed the total for the entire first quarter, indicating strong investor interest [1] - Despite the growth in ETF holdings, they remain 10% below the peak levels seen in 2020 [1] Group 3 - Global gold jewelry consumption fell by 21% year-on-year to 380.3 tons, the lowest level since 2020, despite a 9% increase in spending on gold jewelry [1] - Demand for technology gold remained stable at 80 tons compared to the same quarter last year [1] Group 4 - Central banks globally continued to increase their gold reserves, adding 244 tons in Q1 2025, marking the 16th consecutive year of net gold purchases [2] - Although this demand was down 21% year-on-year, it remained consistent with the average levels of the past three years [2] Group 5 - Total gold supply in Q1 was 1206 tons, with gold mine production at 855.7 tons, remaining flat year-on-year, and recycled gold totaling 345.3 tons, down 1% [2]
170%!一季度全球黄金投资需求同比大增
Xin Hua Wang·2025-04-30 11:57