Recycled Gold: The Hidden 30% of Global Supply
Recycled gold supplies roughly a third of total annual demand and reacts to price faster than mining. Understanding the flow changes how you read the market.
May 6, 2026
Recycled gold supplies roughly a third of total annual demand and reacts to price faster than mining. Understanding the flow changes how you read the market.
Gold went from $35 to $850 in nine years while CPI averaged 7.4%. The decade is still the most-cited template for hard-asset allocation. Here is what really happened.
Gold-backed ETFs hold over 3,200 tonnes between them. Daily creations and redemptions tell you who is moving and why — if you know how to read the prints.
Sovereign buyers added more than 1,000 tonnes of gold for three consecutive years. We break down who is buying, why, and what it signals for reserve managers everywhere.