Gold Demand Shows Resilience Despite Q2 Selloff Thanks to Central Banks and Asian Buyers - WGC

Asian physical buying stayed firm, with China posting a record 314 tonnes of bars and coins in the first half and India rising 9% to 50 tonnes. ETF outflows reached 45 tonnes and jewelry demand fell 17% to 278 tonnes amid elevated prices. The WGC expects investment demand to stay constructive through the rest of 2026, with 89% of central banks anticipating higher global reserves.