Global gold demand is being reshaped by shifting sovereign reserve strategies, changing investment behavior and an increasingly uncertain outlook. This edition of our mining and metals infographic series explores how central banks, investors and forecasters are positioning around gold. Through three charts, we examine long-term reserve trends, the latest drivers of demand growth, and how gold prices could evolve under varied macroeconomic scenarios.

Sources: World Gold Council, IMF Data, Sora, Adobe Stock.
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