Global Gold Demand Set to Hit Record 4,900 Tonnes in 2026

Juhi Mirza
Gold Silver Copper Commodity Market
SourceGold Silver Copper Commodity Market

It seems that the world is still aggressively pivoting towards gold. The new stats are indicative of rising gold demand, with investors flocking towards the asset unlike anything else. With geopolitical matters heating up, the markets are bracing for a staggering gold demand surge, with predictions of the demand hitting 4900 tonnes in 2026 alone.

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Gold Demand Is Rising Unlike Anything Else

Gold going up
Source: Business Today

Gold demand is now rapidly growing, showcasing the general pivot of investors amid the Fed’s volatile stance and Trump’s tariff regimes. Per the latest post by the Kobeissi letter, gold demand is set to grow further this year, with stats indicative of demand growing up to 4900 tonnes in 2026 alone.

Quoting statistics from the UBS and the World Gold Council, the KL Post outlined how the gold jewelry sector may attract 1700 tonnes worth of demand. In addition to this, the global central banks may add an additional 1000 tonnes worth of gold demand. Moreover, physical-backed gold ETFs may also expect a rise of 900 tonnes worth of inflows, making the asset grow further in the near future. Lastly, the demand for gold coins and bars may also stay steady at 1300 tonnes in league with others.

The World Bank’s January 2026 Global Economic Prospects report on GOLD PRICES. “Strong investor demand, continued central bank purchases, and safe-haven inflows…are expected to sustain markedly high gold prices over the next two years…” A shared by expert Steve Hanke

Gold Price to Peak as Well?

As the demand for gold continues to double over rapidly, the price of the asset may also change, given the current supply narratives. Per the latest post shared by Rashad Hajiyev, a leading financial expert, gold may ultimately hit a new high of $7K to $8K in the near future.

“The price action I prefer in gold is that it grinds higher slowly, allowing miners to grow because miners need a stable environment. After gold tests an all-time high and completes retests, it is going to accelerate and then start a parabolic run. Meanwhile, miners need to build a solid foundation before the parabolic run to $7k-8k starts…

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