DEMAND
1,369 tonnes
Total demand including OTC was broadly steady year on year. A headline total combines several very different markets.
RESEARCH & INTELLIGENCE
Context before conviction.
Read the evidence behind the headline. Every market figure below belongs to a dated reporting period.
Q3 2026: three signals to understand
Published 3 November 2026OFFICIAL SECTOR
321 tonnes
Central bank buying provides one lens on demand. It does not predict the next movement in the price.
FUNDS
211 tonnes
ETF inflows returned during the quarter. Fund flows can change direction and should be read with other demand segments.
Source: World Gold Council; data to 30 September 2026. Rounded figures. World Gold Council · Gold Demand Trends: Q3 2026 →
How to read these numbers
Demand is a flow over a period. Holdings are a stock at a point in time. Price is a separate measure. A quarterly average is neither a current quote nor an executable price.
Three questions for further research
01 Is a change driven by investment, jewellery, technology or official-sector demand?
02 Are you comparing volumes, dollar values or price returns?
03 Does the data period match the decision you are considering?
Research discipline
This is a curated research snapshot, reviewed 14 November 2026. It has no automatic market feed. Commentary is educational interpretation; market forecasts and personal recommendations are outside this concept.
Primary-source reading desk
Service descriptions below are from the providers themselves and require independent due diligence.
World Gold Council · Gold Demand Trends: Q3 2026 →