BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Gold Demand Surges to Record $132 Billion in Q2 2025 Amid Economic Uncertainty
Gold Demand Surges to Record $132 Billion in Q2 2025 Amid Economic Uncertainty
9
2
BTCCSquare news:
Gold prices climbed to $3,377 per ounce by August 2025 as investors flocked to the precious metal, driving Q2 demand to a record $132 billion. The World Gold Council reports a 3% annual increase in tonnage, with investment demand spiking 78% year-over-year. Central banks and retail buyers across Asia and the U.S. dominated physical purchases.
Weak U.S. jobs data has pushed Fed rate cut probabilities to 92% by September, weakening the dollar and amplifying gold's appeal. Citi raised its short-term gold forecast to $3,500/oz, citing inflation risks and fiscal concerns. Geopolitical tensions, particularly U.S.-India trade frictions, further bolstered safe-haven inflows.
By:
