This comes as global investment demand climbed 84 per cent to 2,175.3 tonnes in 2025, from 1,185.4 tonnes in 2024, based on data from the World Gold Council’s Gold Demand Trends report for 2025. Both Indonesia and Thailand logged a 29 per cent increase in demand to 31.6 tonnes and 51.4 tonnes, respectively. In Asia, demand for bars and coins grew fastest in South Korea, rising 54 per cent to 29.8 tonnes. The World Gold Council’s measure of total gold demand tracks the metal’s use across jewellery, technology, central bank reserves and private investments. The National Bank of Poland topped global gold purchases in 2025, though the Monetary Authority of Singapore sold 15 tonnes, bringing its total holdings of the precious metal to 205 tonnes.