Global Gold Demand Hits Record 5,002 Tonnes in 2025
Annual demand rose by 40 tonnes year-on-year, marking its fourth consecutive yearly increase and reaching $552 billion in value.
Fact Check
The assessment is based on overwhelming and consistent evidence from the highest possible authority on the subject. The claim is directly and explicitly confirmed by three primary sources from the World Gold Council (WGC), which is the definitive organization for global gold data. The WGC's official 'Gold Demand Trends: Q4 and Full Year 2025' report, its accompanying raw dataset, and a 'Weekly Markets Monitor' all state that global gold demand reached a record 5,002 tonnes in 2025.This core evidence is further corroborated by multiple secondary sources, including financial commentary accounts and national news outlets. These secondary sources are consistent in reporting the 5,002-tonne figure and correctly attribute it to the World Gold Council, which enhances their credibility. There is no conflicting or contradictory evidence among the provided sources. The only source that does not directly support the claim is one focused on US-only data, which is irrelevant to the 'global' aspect of the statement and does not challenge it. The convergence of perfectly aligned data from the primary authority and supporting secondary sources provides a high degree of confidence in the statement's truthfulness.
Summary
Global gold demand climbed to a record 5,002 tonnes in 2025, up 40 tonnes compared with the previous year. This marks the fourth straight annual rise since 2021, during which cumulative demand has grown by 292 tonnes. In US dollar terms, gold demand surged 45% year-on-year to $552 billion, setting a new record high. The continued growth underscores gold’s enduring appeal as both a store of value and a hedge in uncertain economic conditions.
Terms & Concepts
- Tonne: A metric unit of mass equal to 1,000 kilograms, often used to measure large quantities of commodities like gold.
- Store of value: An asset that maintains its value over time without depreciating, commonly used to preserve wealth.
- Hedge: An investment made to reduce the risk of adverse price movements in an asset.