The World Gold Council's Q2 2026 Global Gold Demand Trends report, released July 30, shows China market gold demand (jewellery, bars, gold ETFs and industrial) totaled 155 tonnes, down 41% YoY — the weakest Q2 since 2022. Jewelery demand fell 28% YoY

2026-07-30

The World Gold Council's Q2 2026 Global Gold Demand Trends report, released July 30, shows China market gold demand (jewellery, bars, gold ETFs and industrial) totaled 155 tonnes, down 41% YoY — the weakest Q2 since 2022. Jewelery demand fell 28% YoY and gold ETFs recorded net outflows of 22 tons, the primary drivers of the decline; consumer jewelry spending remained elevated despite lower volumes.