Global gold demand reached an all-time high in Q3, driven by ETF investments and record bullion prices. Investors seized the opportunity, with significant ETF buying and coin purchases contributing to a 3% increase in total demand to 1,313 metric tons. Central banks are projected to continue buying gold, supporting a positive outlook for the precious metal.

Despite a recent pullback, spot gold has surged 50% in 2025, hitting a record $4,381 per ounce. Futures are consolidating around $4,020, with Wall Street expecting prices to climb higher in 2026. Analysts from UBS and Goldman Sachs predict gold prices to rebound, reaching $4,700 and $4,900 per troy ounce by the first quarter of 2026 and the end of next year, respectively.

Read more at Yahoo Finance: Gold demand reaches record in Q3 with ‘FOMO bar and coin trade in full swing’