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Gold is still 25% below its peak even as demand reaches $188B in Q3

CryptoSlate
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Gold is still 25% below its peak even as demand reaches $188B in Q3

Central banks bought more gold in the third quarter of 2026 than consumers worldwide bought for jewelry. According to the World Gold Council's latest demand report, central banks and other official institutions acquired an estimated net 321 metric tons, while jewelry consumption came to 313 tons. In the same quarter a year earlier, jewelry buyers… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Key Takeaways

  1. Central banks bought more gold in the third quarter of 2026 than consumers worldwide bought for jewelry.
  2. According to the World Gold Council's latest demand report, central banks and other official institutions acquired an estimated net 321 metric tons, while jewelry consumption came to 313 tons.
  3. In the same quarter a year earlier, jewelry buyers… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.
Read Full Article on CryptoSlate

Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.