Gold's record run in 2025 marked a structural shift, not a speculative peak - World Gold Council's Joe Cavatoni

Group 1 - The article discusses the trends in the jewelry market, particularly focusing on consumer behavior and the influence of central banks on the industry [1][2]. - It highlights the expected growth in the jewelry sector, projecting significant increases in demand by 2025 [1][2]. Group 2 - The role of ETFs (Exchange-Traded Funds) in the jewelry market is examined, indicating a growing interest from institutional investors [1][2]. - The article emphasizes the importance of consumer preferences in shaping the future of the jewelry market, suggesting that trends will continue to evolve [1][2].