According to the World Gold Council, global gold demand hit 4,448 tons, with total including OTC reaching a new high of 4,899 tons! Central banks added a whopping 1,037 tons to their vaults, making 2023 the second highest year for gold purchases.
Thailand shines bright, leading ASEAN with a 9% jump in gold demand to 42.1 tons, mainly in gold bars and coins. Moreover, Thailand secured the 7th spot globally in central bank gold purchases over the last 5 years, accumulating 90 tons.
China, Turkey, and Poland lead the gold race, showcasing the enduring appeal of this precious metal. (PRD)
