World Gold Council Demand Trends – Q1, 2023

World Gold Council/Staff/5-5-2023

“Q1 saw diverging trends in gold investment demand: a small decline in gold ETF holdings versus hearty bar and coin buying.”

USAGOLD note: There are no real surprises in the World Gold Council’s first quarter Demand Trends report just a continuation of the positive trends that have been in place since last year. That includes strong central bank and private investor demand. One standout statistic – first quarter central bank demand was 34% higher than the previous Q1 record in 2013.

bar chart showing central bank gold demand 2010 to present
Chart courtesy of World Gold Council • • • Click to enlarge

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