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Gold's New Paradigm: ETF and Crypto-Backed Token Buying Surge as Central Bank Demand Cools

  • The gold market shifted in early 2025 as central bank buying slowed while ETF and gold-backed cryptocurrency demand rose sharply.
  • This change followed a decline in central bank purchases to 244 tonnes, offset by growing interest in digital tokens and ETFs.
  • Gold-Backed cryptocurrencies reached a three-year high with over $80 million minted last month, and the sector's market cap rose 6% to $1.43 billion.
  • The World Gold Council reported total gold demand at 1,206 tonnes in Q1, a 1% increase year-over-year, while gold's average quarterly price hit a record $2,860 per ounce.
  • These trends suggest investors increasingly prefer accessible, flexible gold investments, highlighting evolving demand away from traditional buyers toward digital and ETF products.
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Gold's New Paradigm: ETF and Crypto-Backed Token Buying Surge as Central Bank Demand Cools

A surge in demand, particularly from ETFs, pushed the average quarterly gold price to a record high.

·Manila, Philippines
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Coin Desk broke the news in Manila, Philippines on Saturday, May 3, 2025.
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