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US Gold Demand Rose 58% In Q3, Says World Gold Council
Forbes·2025-11-08 01:25

Photo by Yoray Liberman/Getty ImagesGetty ImagesStrong inflows into gold-backed exchange-traded funds (ETFs) supercharged US gold demand in the third quarter, World Gold Council (WGC) data showed.At 186 tonnes, total consumption was up 58% from the corresponding 2024 quarter.Robust ETF activity offset a 33% decline in consumer demand, the WGC said. Total jewellery, bar and coin sales were 32 tonnes.Gold ETFs Save The DayAccording to the Council, “quarter three marked a record quarter for gold-backed ETFs, w ...