This year's first quarter was the strongest since 2016, with gold demand (including OTC purchases) rising to 1,206 tons. The first three months of 2025 thus reached a record level, which was primarily due to rising ETF inflows. Compared to the same quarter of the previous year, gold ETF inflows increased by 170%. Buyers also included central banks, which increased their gold reserves by around 244 tons of gold. Gold bars and coins also saw brisk sales, with 325 tons sold, three per cent more than in the first three months of 2024. Demand for gold from the technology sector reached roughly the same level as in the first quarter of the previous year. Although more and more AI applications are demanding more and more gold, the uncertainties surrounding tariffs are having an impact here.
Demand in the gold jewelry industry declined, which is hardly surprising given the high price of gold. Compared to the same quarter last year, global demand for jewelry fell by around 21%. However, based on value, consumer spending increased by around nine percent. We have seen that the price of gold has repeatedly reached new record highs in 2025. The reasons - customs uncertainties, geopolitical disputes, volatile stock markets and a weakening US dollar - are obvious. Incidentally, due to the high gold price in the first quarter of 2025, the demand for gold rose by around 40% in terms of value. During this period, recycling fell by around one percent and gold production at mines rose by around one percent. Ultimately, the World Gold Council assumes that gold investments will continue to rise due to the current situation. Central banks from the emerging markets in particular will contribute to this, as they want to move away from their dependence on the dollar and increasingly focus on gold. Investors should still be well advised to invest part of their assets in gold and gold stocks. Among the gold stocks, Vizsla Silver and Miata Metals have been pleasing.
Vizsla Silver - https://www.commodity-tv.com/ondemand/companies/profil/vizsla-silver-corp/ - has the high-grade Panuco gold-silver project in Mexico. The project covers around 7,200 hectares. Test mining is already underway here.
Miata Metals - https://www.commodity-tv.com/ondemand/companies/profil/miata-metals-corp/ - is focusing on two gold projects in Suriname, Sela Creek and Nassau. Further investment opportunities are available.
Current company information and press releases from Miata Metals (- https://www.resource-capital.ch/en/companies/miata-metals-corp/ -) and Vizsla Silver (- https://www.resource-capital.ch/en/companies/vizsla-silver-corp/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
Demand in the gold jewelry industry declined, which is hardly surprising given the high price of gold. Compared to the same quarter last year, global demand for jewelry fell by around 21%. However, based on value, consumer spending increased by around nine percent. We have seen that the price of gold has repeatedly reached new record highs in 2025. The reasons - customs uncertainties, geopolitical disputes, volatile stock markets and a weakening US dollar - are obvious. Incidentally, due to the high gold price in the first quarter of 2025, the demand for gold rose by around 40% in terms of value. During this period, recycling fell by around one percent and gold production at mines rose by around one percent. Ultimately, the World Gold Council assumes that gold investments will continue to rise due to the current situation. Central banks from the emerging markets in particular will contribute to this, as they want to move away from their dependence on the dollar and increasingly focus on gold. Investors should still be well advised to invest part of their assets in gold and gold stocks. Among the gold stocks, Vizsla Silver and Miata Metals have been pleasing.
Vizsla Silver - https://www.commodity-tv.com/ondemand/companies/profil/vizsla-silver-corp/ - has the high-grade Panuco gold-silver project in Mexico. The project covers around 7,200 hectares. Test mining is already underway here.
Miata Metals - https://www.commodity-tv.com/ondemand/companies/profil/miata-metals-corp/ - is focusing on two gold projects in Suriname, Sela Creek and Nassau. Further investment opportunities are available.
Current company information and press releases from Miata Metals (- https://www.resource-capital.ch/en/companies/miata-metals-corp/ -) and Vizsla Silver (- https://www.resource-capital.ch/en/companies/vizsla-silver-corp/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
