World's demand for gold hit another record high last year; appetite for bullion in 2025 remains firm

1. Global gold demand hit record highs in 2024 due to geopolitical uncertainties. 2. Central banks purchased over 1,000 tons of gold for three consecutive years. 3. Gold investment demand rose 25%, driven by ETFs and strong Asian market interest. 4. Jewelry demand fell 11% year-on-year, pressured by high prices and weak consumption. 5. Gold prices reached new highs, trading at $2,875.8 per ounce recently.