Commodities
Gold’s Appeal to Central Banks Seen Underpinning Demand in 2025
- World Gold Council says uncertainty makes gold strategic asset
- Central banks added over 1,000 metric tons last year: report
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The appetite for gold from the world’s central banks shows no signs of slowing, even as the gold industry comes off a record year of demand for the precious metal, according to the World Gold Council.
“Geopolitical and economic uncertainty remains high in 2025 and it seems as likely as ever that central banks will once again turn to gold as a stable strategic asset,” the industry association said Wednesday in its Gold Demand Trends report.