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Commodities
Global investors flocked last year to safe-haven asset amid US tariffs, geopolitical risks
Demand for gold bars and coins was up 16% last year amid a shift away from gold jewelry, especially in China. © Reuters
MIKI KAMIYAMA
January 30, 2026 02:05 JST
TOKYO — Overall gold demand for investment purposes surged 84% last year to reach a level equivalent to 60% of mining output, according to World Gold Council statistics released Thursday, as worsening geopolitical risks and economic uncertainty drove investors to the safe-haven asset.