World Gold Council: Global gold demand grew in the second quarter.

The World Gold Council released the "Global Gold Demand Trends Report for the Second Quarter of 2025" on July 31st, which showed that in a high gold price environment, global gold demand in the second quarter reached a total of 1249 tons, an increase of 3% year-on-year. Strong investment demand was the main driver of demand growth. In terms of consumption demand, global demand for gold jewelry in the second quarter decreased year-on-year, but in terms of value, global gold jewelry consumption still increased. The report also showed that the trend of global central bank gold purchases continued, but at a slower pace, with a total increase of 166 tons in the second quarter. Despite the slowing pace of gold purchases, global central bank gold purchases remain at significantly high levels amid ongoing global economic and geopolitical uncertainties.