The World Gold Council reported that worldwide gold demand (including over‑the‑counter trading) increased 3 % year‑on‑year to 1,248.8 metric tons in Q2 2025. Investment demand jumped 78 % as exchange‑traded funds posted their largest semi‑annual inflows since 2020, offsetting a 14 % slump in jewellery consumption. High prices deterred buyers in China and India, pushing…

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