Digital gold could triple by 2031, WGC estimates
A World Gold Council and Boston Consulting Group report says nearly nine in 10 retail investors would consider digital gold under the right conditions.
- The World Gold Council and Boston Consulting Group projected the digital gold market will reach $160 billion to $170 billion by 2031, growing at about 27% annually from an estimated $45 billion to $55 billion today.
- Researchers valued the current digital gold market at $45 billion to $55 billion, yet the report suggests total latent demand could reach $700 billion if adoption barriers around trust, access, utility and cost are removed.
- To unlock this potential, the World Gold Council is developing a shared infrastructure initiative designed to help issuers provide compliant digital gold products while addressing critical trust and access barriers that currently limit adoption.
- Digital gold acts as an entry point for new investors: 52% of current holders owned no gold previously, and 92% of those new buyers have since purchased other forms of gold, expanding the market.
- Beyond simple ownership, tokenized gold is being used for lending and yield-bearing assets; gold-backed borrowing on Aave reached a $25 million debt ceiling in August, while Paxos Labs introduced the PAXGy token for leasing returns.
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Digital Gold Market Could Reach USD 160-170 Billion by 2031, Unlock USD 700 Billion in Potential Demand: WGC
Get latest articles and stories on Business at LatestLY. The global digital gold market could grow to USD 160-170 billion by 2031 from its current estimated size of USD 45-55 billion, provided the industry addresses concerns over trust, access, pricing and product utility, according to a joint report by the World Gold Council (WGC) and Boston Consulting Group (BCG). Business News | Digital Gold Market Could Reach USD 160-170 Billion by 2031, Unl…
Digital gold market could reach USD 160-170 billion by 2031, unlock USD 700 billion in potential demand: WGC - The Tribune
The global digital gold market could grow to USD 160-170 billion by 2031 from its current estimated size of USD 45-55 billion, provided the industry addresses concerns over trust, access, pricing and product utility, according to a joint report by the World Gold Council (WGC) and Boston Consulting Group (BCG).
Unlocking Digital Gold's US$700bn Opportunity
LAS VEGAS — The digital gold market, worth US$45–55bn today, could unlock up to US$700bn in latent demand, according to new research from World Gold Council and Boston Consulting Group. The report points to substantial untapped appetite among retail investors, with nearly nine in ten surveyed saying they would consider digital gold under the right […]
Gold for private investors in the form of tokens or apps: this could be a trend. The World Gold Council has had the market potential explored.
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