Gold Demand Hits Q2 Record Despite Consumer Pullback The World Gold Council’s Q2 2024 report shows mixed trends in gold demand. While overall demand increased by 4% year-over-year to a record high for Q2, driven by over-the-counter investment and central bank purchases, consumer demand weakened. Jewelry consumption fell sharply due to record gold prices, but technology sector demand increased. Regional differences persisted, with stronger investment demand in Eastern markets contrasting with declines in the West. Despite these variations, gold supply grew, with mine production reaching a Q2 record and recycling supply responding to higher prices. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Government Says, Inflation in December Was Even Lower Than First Reported READ MORE Silver Institute: Global Silver Demand Forecasted to Rise to 1.2 Billion Ounces In 2024 READ MORE Silver Surges to August Highs as Bullish Trend Resumes READ MORE Indian Gold Sector Launches Self-Regulatory Body to Boost Trust READ MORE New Study Exposes 'Greedflation' Impact READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment