Gold Demand Sets New Records in Q3 2025, Reflecting Strong Investor Interest Amid Rising Prices
In Q3 2025, gold demand hit a record level. The report by the World Gold Council shows that rising prices and firm investor interest drove this increase. Gold stands as a smart asset, even as jewelry sales struggle in a high-price market.
Record-Breaking Demand and Price Growth
Gold demand reached 1,313 tonnes, a 3% jump from last year. Gold demand did more than grow in weight; its value climbed 44% to US$146 billion. For the year so far, the total is 3,717 tonnes. This amount is equal to US$384 billion, a 41% rise in value from the previous year. These numbers show gold holds its place in uncertain market times.
Investors Drive Demand Growth
Investors led this rise in Q3. Exchange-traded funds brought in 222 tonnes more gold. Demand for gold bars and coins stayed high, with a fourth straight quarter of more than 300 tonnes. In September, over-the-counter deals added 55 tonnes. This flow from investors makes gold the top demand sector this quarter.
Central Bank Buying Remains Strong
Central banks kept buying gold and bought 220 tonnes in Q3. This figure is 28% higher than last quarter. Year-to-date, central banks bought 634 tonnes. Their steady buying shows gold remains a favored reserve asset and a strong hedge during uncertain times.
Jewelry Sector Under Pressure Despite Increased Value
The jewelry market saw a drop of 19% in volume. Gold sales fell to 371 tonnes for the sixth quarter in a row. High gold prices have slowed consumer buys. Yet, the value of jewelry sales rose 13% to US$41 billion because the price rise pushed spending higher even as fewer items were sold.
Technology and Supply Side Dynamics
Demand from electronics and dentistry slowed a bit compared to Q3 2024. Interest in artificial intelligence kept some support, but US tariff rules and high gold prices held demand back. Supply grew 3% to 1,313 tonnes—the highest yet for a quarter. Mine production, which usually grows in Q3, went up 2% to 977 tonnes. Recycled gold stayed steady at 344 tonnes, a 6% growth over last year and a 1% drop from the prior quarter. Limited recycling comes as markets expect prices to rise further and good economic plans give no rush to sell scrap gold.
Gold Price Milestones
In Q3 2025, the LBMA PM gold price broke 13 record highs. Prices rose 16% from the last quarter. The average price was US$3,456.54 per ounce for this period—a 40% jump from last year and a 5% gain from Q2 2025. This solid price rise pushed both investor interest and total market value upward.
Looking Ahead
The Q3 2025 report from the World Gold Council paints a clear picture. The focus on investment keeps gold strong in a market where prices reach new records and supply stays tight. Even though the jewelry market faces hard times, investors and central banks keep gold an ever-relevant part of portfolios.
For those interested, detailed tables, charts, and full analysis are available from the World Gold Council’s Goldhub platform.
—
📝 About This Article
This article was generated by Hivebox AI in collaboration with AuCan Gold.
—
⚠️ Disclaimer
This content is for informational purposes only and does not constitute financial or investment advice.
Please consult with a qualified financial advisor before making any decisions related to investments, markets, or assets.
—
Note on Accuracy & Liability
While we strive to provide accurate and up-to-date information, neither Hivebox AI nor AuCan Gold guarantees completeness, reliability, or suitability.
Use this content at your own risk. Neither party assumes liability for any losses you may incur.
—
Thank you for reading.
