First quarter: Global gold demand at nine-year high

Global gold demand in 2025 reaches highest first quarter level since 2016.

The World Gold Council has published its 'Gold Demand Trends ' report for the first quarter of 2025.

According to the report, global gold demand increased by 1 percent in the first quarter compared to the same period last year, reaching 1,206 tons. Thus, gold demand reached its highest first-quarter level measured since 2016.

Inflows from gold exchange-traded funds played an important role in the increase in gold prices during this period.

Central banks’ gold purchases slowed down in the first quarter compared to the previous quarter. Central banks purchased a total of 243.7 tons of gold in the first quarter.

Gold purchases for investment purposes, which were 344.7 tons in the previous quarter, increased to 551.9 tons in the first quarter. Purchases of gold coins and bullion amounted to 325.4 tons.

The price of gold hit record levels in 2025. The average price of gold in the first quarter increased by 38 percent on an annual basis, reaching $2,860.

The main factors that caused the price increase of gold were the US tariffs, geopolitical uncertainty, volatility of stock markets and the weak dollar.

This year, the ounce of gold rose to 3,500.33 dollars and the gram of gold rose to 4,305.218 lira.

Gold continues to decline as trade tensions between the US and China ease.

The ounce of gold started the day at 3,309.21 dollars, and the gram of gold at 4,097.44 lira.

The ounce of gold closed the day at 3,309.60 dollars, while the gram of gold closed at 4,090.590 liras.