CBN News 2026-11-03 14:10:58

Editor: Tang Yanbei

On the 3rd local time, the World Gold Council released its "Gold Demand Trends Report" for the third quarter of 2026, which indicated that global gold demand remained relatively unchanged year-on-year during that period.

In the third quarter, total demand for gold (including over-the-counter trading) decreased by 1% year-on-year to 1,369 tons. The total demand for the first three quarters reached 3,881 tons, which is roughly on par with the record set in 2025.

Looking at each item separately, the central bank's gold purchases increased significantly to 321 tons in the third quarter, driving the total demand from the beginning of the year to date to 675 tons, a year-on-year increase of 6%.

Global gold ETF investors are making a strong comeback, with a significant influx of investors from Europe and America. In the third quarter, there was a net inflow of 211 tons, reversing the outflow in the second quarter. The total demand for the first three quarters reached 226 tons, which is less than the 628 tons in the same period last year.

In terms of gold bar and coin investment, there was a year-on-year decline of 19% to 268 tons, with the total amount from the beginning of the year to date reaching 1,053 tons, which is the highest level since 2013.

In terms of gold jewelry consumption, the demand has reached a new low, but the amount spent on consumption has increased. Demand decreased by 17% year-on-year to 313 tons, and the total for the first three quarters fell by 19% to 889 tons. (Reporter Ge Weier from Yicai)