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Gold demand steadies in Q2 2026 as central banks boost purchases
Global gold demand was broadly stable in the second quarter of 2026, with total consumption (including OTC trade) edging up 2 % year‑on‑year to 2,522 tonnes. Strong buying of coins and bars continued, while central banks increased their purchases, returning to the high levels seen in previous years.
The LBMA price averaged $4,506.29 per ounce, 37 % above the same quarter in 2025. Jewelry demand fell, but consumer spending on gold jewellery rose because of higher prices. Gold ETFs recorded net outflows. The World Gold Council expects investment demand, supported by Asian buyers, OTC trade and central‑bank purchases, to underpin the price, while inflation concerns and geopolitical uncertainty add further support.
Technology‑sector gold consumption was modestly buoyed by demand from consumer electronics, offsetting a slowdown linked to AI‑related production.
Entities
Amex Gold Mining · Amex Gold Mining Inc. · Gold ETFs · London Bullion Market Association · London Bullion Market Association (LBMA) · Perron gold project · World Gold Council · central banks
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] Jewelry demand fell sharply in the second quarter of 2026, but consumer spending on gold jewellery rose because of higher gold prices. news-nachrichten.de · www.deutscherpresseindex.de
- [● 3 SOURCES] Amex Gold Mining (formerly Amex Exploration) fully owns the Perron gold project in Quebec, which has strong infrastructure and a positive feasibility study. news-nachrichten.de · www.deutscherpresseindex.de
- [● 3 SOURCES] Gold consumption in the technology sector rose in the second quarter of 2026, offsetting a slowdown from AI and driven by demand from entertainment electronics. news-nachrichten.de · www.deutscherpresseindex.de
- [● 3 SOURCES] Gold ETFs experienced net outflows in the second quarter of 2026. news-nachrichten.de · www.deutscherpresseindex.de
- [● 3 SOURCES] Central banks bought more gold in the second quarter of 2026 than in the first quarter, returning to high purchase levels of previous years. news-nachrichten.de · www.deutscherpresseindex.de
- [● 3 SOURCES] Global gold demand in the first half of 2026 increased 2% year‑on‑year to 2,522 tonnes. news-nachrichten.de · www.deutscherpresseindex.de
- [● 3 SOURCES] The World Gold Council expects investment demand, supported by purchases from Asia, OTC trading and central‑bank buying, to keep gold prices firm amid inflation concerns and geopolitical uncertainty. news-nachrichten.de · www.deutscherpresseindex.de
- [● 3 SOURCES] The LBMA gold price averaged $4,506.29 per ounce in the second quarter of 2026, 37% higher than the average price in the second quarter of 2025. news-nachrichten.de · www.deutscherpresseindex.de