Q1 gold demand the highest for a first quarter since 2016

A summary of the most important gold news and analysis of the last week.

Gold price USD/OZ: $3,255.08 [View live gold price.]

Change from last week: -$52.44 (-1.59%)

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Gold news

• Gold Demand Trends: Q1 2025

"Total Q1 gold demand (inclusive of OTC investment) was 1% higher y/y at 1,206t – the highest for a first quarter since 2016."

• Gold up 22% in Trump's first 100 days, best since Nixon

• Gold will keep setting records with a recession more likely than people think, Goldman says

• Why investors can’t get enough of gold right now

• American shakedown, global system shakeup

"In trying to reset the global monetary system by using tariffs, the Trump team has inadvertently pushed de-dollarization and the system back toward a gold stardard."

• Here’s why gold could hit $4000 this year

• Billionaire investor John Paulson sees gold near $5,000 by 2028

• McEwen sees gold equities boom on metal’s bull run to US$5,000

• Gold price to hit $6,000 under Trump’s term as dollar resets and BRICS accelerate gold buying – Frank Holmes

• ROSS NORMAN : Gold bounces – this is not 1980

🌐 World gold news

🇦🇿 Azerbaijan

• Azerbaijan sees significant growth in gold export revenues

🇨🇳 China

• Why is China buying so much gold?

• Chinese investors pile into gold funds at record pace

"Country accounts for more than half of global bullion ETF flows over past 4 weeks in hunt for havens amid trade war."

• China's first-quarter gold consumption falls 6% to 290.492 metric tons

• China's 'gold fever' investing beats jewelry demand

"Gold bar and coin investment hits fresh record in No.1 consumer..."

• China's first 'gold melting ATM' goes viral as customers deposit jewellery and get paid for its value

🇨🇿 Czechia

• Hikers discover nearly 600 gold coins dating back to 1808

🇪🇬 Egypt

• AXA Egypt launches first gold investment fund

🇬🇭 Ghana

• Ghana secures deal with nine more gold miners to buy 20% of their output

🇮🇳 India

• RBI’s gold buying spree continues! 57.5 tonnes added to gold reserves; second highest in 7 years

• India has the world's 7th highest gold reserves! Why is RBI buying gold and how does it help the Indian economy?

🇮🇶 Iraq

• Visit the jewelry shop? Iraq’s soaring gold prices put weddings on hold

🇸🇬 Singapore

• Singapore investors buy 2.5 tonnes of gold bullion in Q1, the most since 2010

🇨🇭 Switzerland

• Swiss gold refineries are operating at full capacity

🇹🇷 Türkiye

• Türkiye’s digital gold boom: Certificates outperform physical bullion

🇦🇪 United Arab Emirates

• Gold delivered to your door in Dubai by Uber when you buy 24-carat coins on its Careem app

• Why UAE’s young investors are choosing gold

🇬🇧 United Kingdom

 • Royal Mint reports record-breaking quarter for bullion coin sales as gold demand surges

🇻🇳 Vietnam

• Jewelry tycoon Cao Thi Ngoc Dung: ‘I never saw trading gold as PNJ’s mission’

"After rejecting foreign overtures and independently developing manufacturing technology, Cao Thi Ngoc Dung has led Phu Nhuan Jewelry to the forefront of Vietnam’s jewelry industry."

🇿🇼 Zimbabwe

• Zimbabwe’s new gold coin push marks shift from digital fix

Gold-backed cryptocurrency

• With gold-backed tokens crossing $2B, has crypto's elusive safe haven arrived?

• Tether's $770M XAUT backed by 7.7 tons of gold in Swiss vault, says company 

Read more about gold-backed cryptocurrencies.

Gold Weekly features curated articles from various sources and is not financial advice. For advertising and news submission requests, contact us.