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Demand for gold bars and coins exceeds the combined total of Europe and America in China
May 25, 2026
Gold bar and coin demand surpasses the combined total of Europe and the U.S.
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Global demand for gold continues to rise, with Asia now the largest source of demand. According to the latest report from the World Gold Council (WGC), in the first quarter of this year, the total purchase of gold bars and coins reached 476.9 tons. Of this, mainland China purchased 207 tons, becoming the single largest buyer—exceeding the combined total of the Americas (21.8 tons) and Europe (41.2 tons).
First-quarter purchases of 207 tons set a new quarterly high
The report shows that Chinese investors’ demand for...
(Excerpt)