AI Summary
Riyadh city
Gold bullion and coin purchases in Saudi Arabia rose by 16% year-on-year (YoY) to 4.4 tons in Q1 2025, the World Gold Council reported.
Purchases of gold bullion and coins increased for the second successive quarter, rising 2% quarter-on-quarter (QoQ).
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Saudi Arabia’s Gold Bullion and Coin Purchases in Q1 2025 |
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|
Period |
Volume (Tons) |
Change |
|
Q1 2024 |
3.8 |
-- |
|
Q2 |
3.9 |
+ 3% |
|
Q3 |
3.3 |
(15%) |
|
Q4 |
4.3 |
+ 30% |
|
Q1 2025 |
4.4 |
+ 2% |
Demand for gold bullion and coin purchases in Saudi Arabia in 2024 hit its highest level since 2014.
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Saudi Arabia’s Gold Bullion and Coin Purchases Since 2010 |
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|
Period |
Volume (Tons) |
Change |
|
2010 |
14.55 |
-- |
|
2011 |
17.71 |
22% |
|
2012 |
16.93 |
(4%) |
|
2013 |
18.30 |
8% |
|
2014 |
15.65 |
(14%) |
|
2015 |
14.92 |
(5%) |
|
2016 |
10.81 |
(28%) |
|
2017 |
9.93 |
(8%) |
|
2018 |
10.18 |
3% |
|
2019 |
8.84 |
(13%) |
|
2020 |
8.40 |
(5%) |
|
2021 |
10.90 |
30% |
|
2022 |
12.20 |
12% |
|
2023 |
14.13 |
16% |
|
2024 |
15.37 |
9% |
Global gold bar and coin purchases rose 3% YoY to 325.4 tons in Q1 2025, from 317.3 tons in Q1 2024.
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