World Gold Council: Gold Demand Trends Full Year 2023 The World Gold Council is back with gold demand trends for 2023. Last year, gold demand reached a record high, driven by strong central bank purchases and sustained jewelry demand, despite significant outflows from Exchange-Traded Funds (ETFs). The total annual gold demand, excluding over-the-counter (OTC) transactions, was 4,448 tons, slightly lower than the robust demand seen in 2022. However, including substantial OTC and stock flows, which amounted to 398 tons, the total demand for gold in 2023 escalated to an unprecedented 4,899 tons. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Beware of Synthetic Gold! READ MORE Fed's Rate Cut Hesitation: Inflation Concerns and Economic Uncertainties Dominate READ MORE Precious Metals READ MORE U.S. Economy's Fate Tied to Federal Reserve's Decisions READ MORE Why Britain Is Still Paying the Price for Gordon Brown’s Gold Bullion Blunder READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment