Chapter

Outlook

From Gold Demand Trends: Q2 2026 | World Gold Council by Gold Demand and Supply

Concepts

1. Investment Demand

   "We expect investment to remain the primary driver of demand growth through the second half, supported increasingly by OTC activity and Asian buying."

2. Central Banks

   "Central banks remain on course for another strong year, although likely lower than 2025."

3. Supply Pressure

   "Jewellery volumes will likely remain under pressure from high gold prices. We see only modest growth potential from mine production and recycling."