Gate News message, April 29 — The World Gold Council released its Q1 2026 Global Gold Demand Trends Report, showing that global central banks continued to support overall gold demand, adding 244 tonnes in the first quarter.
Global gold supply grew 2% year-over-year to 1,231 tonnes, with mine production hitting a record high for a first quarter. Despite elevated gold prices, recycled gold supply increased a modest 5%, indicating that the supply side has responded relatively slowly to the price surge.
The data underscores central banks’ sustained appetite for gold as a reserve asset amid broader macroeconomic conditions.
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