Economic uncertainty spurs demand for gold — WGC

The World Gold Council (WGC) reports rising demand for gold as investors grow increasingly concerned about a potential US economic slowdown and a surge in inflation.

The WGC has observed large inflows into gold exchange-traded funds (ETFs) since the beginning of 2025. However, March data reveals an even stronger uptick across all major regions. North American funds dominated, accounting for 61% of total inflows last month, while Europe and Asia accounted for 22% and 16%, respectively, according to Kitco News.

Previously, European funds lagged behind in terms of gold demand growth, but since March, they have been actively catching up, WGC notes. In the first quarter, inflows into EU gold ETFs totaled $4.6 billion. This is the highest level in 5 years, Kitco News reports.

In all the regions the funds added 92 tons of the precious metal in March, worth $8.6 billion. For the first quarter, they added 226 tons, worth $21 billion, the WGC informs.