CryptoWorld News reports that the World Gold Council released the Q1 2026 "Global Gold Demand Trends Report," showing that physical gold ETFs maintained a net inflow in the first quarter, with global holdings increasing by 62 tons, including a massive purchase of 84 tons by Asian investors. Holdings in the European and American markets saw slight declines. Due to the high gold prices, global gold jewelry consumption dropped by 23% year-over-year to 300 tons, with demand cooling across major markets worldwide. However, in terms of consumption value, gold jewelry demand grew against the trend, indicating that even at historic high prices, consumers' willingness to purchase gold jewelry remains steady.

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