The World Gold Commission said in its annual report that the global demand for gold has reached its highest record in 2024 in 2024.

Gold transactions totaled 4,974 tons last year, compared with 4,899 tons in 2023, including over-the-counter (OTC) investments.

Shaokai fans of the Global Bank of the World Gold Commission Central Bank said: "In 2024, the global gold demand soared to the new quarterly quarterly and recorded annual total.

The council said the central bank's demand for gold remained "unlimited" and achieved "significant milestones" and maintained a consistent pace of gold purchases, with purchases exceeding 1,000 tons for the third consecutive year. The Polish National Bank is the leading net buyer among the central bank, with its reserves increasing by 90 tons.

Türkiye's central bank increased its gold reserves by 75 tons, making it the second largest gold buyer among central banks. The Reserve Bank of India is the third, with consistent purchases every month except December.

Total annual investment in gold climbed 25% to a four-year high of 1,180 tons, driven in large part by funds traded on gold exchanges.

Similarly, demand for gold bars and coins remains firm due to strong demand from China and India.

The report pointed out: "Chinese investors are facing the assets of investment," he pointed out that the domestic economic uncertainty, continuous stock market fluctuations and records of low -level government bond yields pushed domestic investors to gold to gold Essence

The World Gold Council noted that in India, demand for gold was lifted after the government reduced tariffs on gold imports to 6% from July.

Last year, demand for gold investment in all ASEAN markets also continued to grow, with Singapore, Indonesia, Malaysia and Thailand reporting double-digit growth each year.

The council said OTC investment remained stable last year and demand reflected high net worth individuals who wanted to hedge geopolitical and economic risks. Unlike transactions conducted on exchanges, OTC transactions are conducted directly between the two parties.

The report said that the demand for the jewelry industry was under pressure from higher prices, conquered, and consumption decreased by 11 % year -on -year, which is the only group value obtained in other fields.

Demand for gold jewelry may remain weak this year as consumer spending capacity remains curbed by higher prices and soft economic growth, the committee analysts said.

Gold bar prices have been crying, with prices hitting 40 record highs last year and continuing to reach fresh highs this year. Gold futures rose to $2,875.8 per ounce on Wednesday on the New York Mercantile Exchange, according to Factset.

"In 2025, we expect central banks to stay in driver's seats and gold ETF investors to join the competition, especially when we see lower, despite lower interest rates," said senior market analyst at the World Gold Council. ” said senior market analyst at the World Gold Council.

Total investment demand this year is likely to remain healthy, and lower interest rates are expected to reduce the opportunity cost of holding gold, the report said.