Gold demand by purpose quarterly 2026| ��ƽ��

Demand for gold worldwide from 1st quarter 2016 to 1st quarter 2026, by purpose (in metric tons)

Characteristic	Jewelry	Technology	Investment	Central banks and other institutions
Q1 2026	335	81.6	535.6	243.66
Q4 2025	438	82.1	602.9	207.64
Q3 2025	420.6	81.7	553.9	219.9
Q2 2025	354.9	78.6	483.7	172
Q1 2025	434.6	80.4	563.6	243.7
Q4 2024	524.3	82.8	349.8	365.1
Q3 2024	546.5	82.9	372.3	199.5
Q2 2024	417.1	80.2	272.3	211.5
Q1 2024	538.6	80.2	211.2	309.9
Q4 2023	586.7	82.2	262.9	216.8
Q3 2023	584.7	77.3	160.6	367.3
Q2 2023	501.4	72.8	257	176.3
Q1 2023	535.4	72.8	279.9	290.4
Q4 2022	605	73.9	251	382.1
Q3 2022	586.2	78.8	106.8	456.9
Q2 2022	498.6	79.5	215.5	158.6
Q1 2022	518.5	82.6	561.3	82.4
Q4 2021	720.8	87.7	304.1	34.3
Q3 2021	520.1	85.2	233.9	90.6
Q2 2021	465.1	81.6	292.3	209.6
Q1 2021	546.4	82.7	181.4	115.6
Q4 2020	485.7	85.8	146.1	61
Q3 2020	314.3	78.8	508.5	-10.6
Q2 2020	201.1	70.3	597.1	63.7
Q1 2020	330.6	74.1	555.9	140.8
Q4 2019	566.9	85.1	268.4	117.9
Q3 2019	487.2	83.7	413.6	113.5
Q2 2019	560.6	82.4	296.8	227.8
Q1 2019	547.5	81.5	303	146.2
Q4 2018	637.5	86	400.9	178.1
Q3 2018	589.2	87.2	194.4	240.5
Q2 2018	538.3	85.1	280.4	152.8
Q1 2018	532.5	83.5	291.5	84.8
Q4 2017	622.4	90.2	326.6	93.7
Q3 2017	541.6	85.9	266.6	96.6
Q2 2017	551.4	83	313.6	96.3
Q1 2017	551.9	80.4	415.1	92
Q4 2016	565.7	86	195.7	110.4
Q3 2016	516.5	84.1	348.7	89
Q2 2016	456.9	81.5	460.4	84.9
Q1 2016	484.2	77.8	617.3	110.6

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Release date

April 2026

More information

Region

Worldwide

Survey time period

Q1 2016 to Q1 2026

Supplementary notes

Figures have been rounded.

Citation formats

The demand for gold for investment purposes amounted to approximately 535.6 metric tons in the first quarter of 2026. This was the purpose with the highest demand in that quarter, ahead of jewelry, technology, and central banks.

Gold as an investment—additional information

Throughout history, gold has been desirable and in demand and has been characterized as a high-value commodity. When investing in any commodity, risk assessments need to be considered. Generally, gold is considered to be a safe investment. It becomes an attractive means of money allocation, especially in times of turmoil in the financial markets. Moreover, governments locate a big part of their assets in gold. The United States is the leading gold holding country worldwide, with gold reserves amounting to 8,133.5 metric tons.
The demand for gold globally in 2025 was estimated at just over 5,000 metric tons.