Singapore investor gold demand rises 48% to 9.6 tonnes in 2025
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Singapore's gold demand surged 48% year-on-year to 9.6 tonnes in 2025, marking a record high, according to the World Gold Council. Global gold investment demand also rose 84% to 2,175 tonnes, driven by strong inflows into exchange-traded funds and physical gold purchases. However, gold jewellery consumption in Singapore fell 13%. The Monetary Authority of Singapore sold 15 tonnes of gold, reducing its holdings to 205 tonnes. Overall, global gold demand reached a record 5,002 tonnes in 2025, influenced by economic and geopolitical uncertainties.
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