PRECIOUS METALS | Global Gold ETF Holdings Rise in Q1 2026 Amid High Prices

On April 29, Jin10 reported that the World Gold Council released its Q1 2026 Global Gold Demand Trends report, indicating a net inflow in global physical gold ETFs, with holdings increasing by 62 tons. According to Jin10, Asian investors significantly contributed by purchasing 84 tons, while holdings in the European and American markets saw a slight decline. The net outflow in Western markets during March reversed the strong inflow seen at the beginning of the year. Despite high gold prices, global gold jewelry consumption demand fell by 23% year-on-year to 300 tons. Major markets worldwide experienced a cooling in gold jewelry demand. However, in terms of consumer spending, gold jewelry demand grew against the trend, suggesting that consumer willingness to purchase gold jewelry remains robust even at historically high prices.