The World Gold Council's Q3 2025 Global Gold Demand Trends report reveals that gold prices have reached 50 all-time highs this year, as of October 30. Global gold demand, including over-the-counter transactions, soared to 1,313 tons in the third quarter, valued at $146 billion, marking a new quarterly record. Gold ETFs experienced robust inflows for the third consecutive quarter, with holdings rising by 222 tons and $26 billion in inflows. Year-to-date, global gold ETF holdings have increased by 619 tons, equivalent to approximately $64 billion.