Total Q1 gold demand rose 2% year-on-year to 1,231 tons, while soaring prices
drove a 74% jump in value to a record $193 billion. Bar and coin demand climbed
42% to 474 tons, led by Asian investors. Gold-backed ETF inflows reached 62
tons, below the prior year’s strong level. Jewelery demand fell 23% by volume
but spending increased 31%. Central banks bought 244 tonnes, up 3%, and
technology demand edged 1% higher to 82 tons.
