World Gold Council: Gold Demand Trends Full Year 2023 The World Gold Council is back with gold demand trends for 2023. Last year, gold demand reached a record high, driven by strong central bank purchases and sustained jewelry demand, despite significant outflows from Exchange-Traded Funds (ETFs). The total annual gold demand, excluding over-the-counter (OTC) transactions, was 4,448 tons, slightly lower than the robust demand seen in 2022. However, including substantial OTC and stock flows, which amounted to 398 tons, the total demand for gold in 2023 escalated to an unprecedented 4,899 tons. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts US National Debt Hits Record $34 Trillion READ MORE Golden Opportunities in a Turbulent World: Precious Metals Thrive Amidst Polycrisis READ MORE Revisiting the 2024 Gold Price Predictions READ MORE Gold Holds Above $2,400, Eyes Third Consecutive Weekly Gain READ MORE BIS Report Signals Turning Point in Battle Against Inflation READ MORE Add a Comment Cancel replyYour email address will not be published.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