The World Gold Council’s Q2 2026 Gold Demand Trends report: Q2 global jewelery demand fell 17% YoY as high prices pushed consumers away from pure-gold pieces or toward lighter-weight items, leaving H1 jewelry volumes lower. Jewelery spending showed r

2026-07-30

The World Gold Council’s Q2 2026 Gold Demand Trends report: Q2 global jewelery demand fell 17% YoY as high prices pushed consumers away from pure-gold pieces or toward lighter-weight items, leaving H1 jewelry volumes lower. Jewelery spending showed resilience, rising 22% YoY in 1H to $86bln. Q2 total global gold supply was flat YoY at 1,269t; estimated mine production rose about 2% YoY to 966t supported by new output in Canada and Chile, while recycled gold supply fell 6% YoY despite higher prices.