Wednesday , 17 June 2026

Tag Archives: Iran

World Gold Council Q2 2025 Gold Demand Report Highlights Investment Strength and Jewellery Weakness

Munknee - World Gold Council - Q2 Demand

The World Gold Council’s Q2 2025 Gold Demand Trends report shows global demand rose 3% year-over-year to 1,249 tonnes, driven by record investment flows. ETFs gained 170 tonnes and bar and coin demand reached 307 tonnes, led by China and India. Central banks added 166 tonnes, a slowdown but still above historical averages. Jewellery demand fell 14% to 341 tonnes, the lowest since 2020, while spending rose 21% to $36 billion. Technology demand slipped 2%, and supply hit a Q2 record with 909 tonnes of mine output. Recycling rose modestly, and de-hedging continued for a sixth quarter.

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Video: India to Pay for Iranian Crude Oil in Gold Instead of Dollars (+2K Views)

The EU has delivered on its threat to ban the import of crude oil from Iran, in response to its nuclear programme. The latest round of sanctions prohibits any new oil contracts, while allowing for existing deals to run until July but Tehran is apparently finding ways to keep business pumping. Reports say Iran will keep supplying one of its biggest customers - India - but will get payment in gold instead of dollars. Video* length: 02:37 minutes.

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