Geopolitics Alpha

Central bank buying and ETF inflows support gold demand in Q3

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Central bank buying and ETF inflows support gold demand in Q3

LONDON, 03 November - The World Gold Council's Q3 2026 Gold Demand Trends report reveals that total gold demand was 1% lower year-on-year at 1,369t 1 during a period in which the gold price averaged US$4,262/oz and the value of demand rose 22% year-on-year to US$188bn.

Directly affected

  • No company is named in this report.

Indirectly affected

  • GLD SPDR Gold Shares-3.7% 30d

    SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story.

  • GDX VanEck Gold Miners ETF-10.4% 30d

    VanEck Gold Miners ETF: it follows gold or gold miners. Linked by “gold” (gold) in this story.

  • EWU iShares MSCI United Kingdom ETF-2.0% 30d

    iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“london”).

  • BWX SPDR Bloomberg International Treasury Bond ETF

    SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in the UK

  • EFA iShares MSCI EAFE ETF-1.8% 10d

    iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes the UK

  • NEM Newmont-13.4% 30d

    Newmont (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story.

  • AEM Agnico Eagle Mines-7.6% 30d

    Agnico Eagle Mines (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story.

  • WPM Wheaton Precious Metals-21.1% 30d

    Wheaton Precious Metals (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
GLD+2.96%+1.94%baseafter closeafter closeafter closeafter close
GDX+5.02%+2.75%baseafter closeafter closeafter closeafter close
EWUNo price data for this ticker———————
BWXNo price data for this ticker———————
EFANo price data for this ticker———————
NEM+3.24%+2.46%baseafter closeafter closeafter closeafter close
AEM+6.04%+3.07%baseafter closeafter closeafter closeafter close
WPM+5.67%+3.39%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

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Central bank buying and ETF inflows support gold demand in Q3 World Gold Council

Source: World Gold Council

Spdr Gold Trust (GLD) since this story, compared with the market

CompanyWhenMoveStatus
Agnico Eagle Mines (AEM)three days earlier+3.07%final price
Agnico Eagle Mines (AEM)five days earlier+6.04%final price
Vaneck Etf Trust (GDX)three days earlier+2.75%final price
Vaneck Etf Trust (GDX)five days earlier+5.02%final price
Spdr Gold Trust (GLD)three days earlier+1.94%final price
Spdr Gold Trust (GLD)five days earlier+2.96%final price
Newmont (NEM)three days earlier+2.46%final price
Newmont (NEM)five days earlier+3.24%final price
Wheaton Precious Metals (WPM)three days earlier+3.39%final price
Wheaton Precious Metals (WPM)five days earlier+5.67%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Spdr Gold Trust (GLD)

Companies carried with this story

  • GLD Spdr Gold Trust

    For “Central bank buying and ETF inflows support gold demand in Q3,” Spdr Gold Trust (GLD) is linked, with no stored direction, medium confidence. Reason on file: SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story

  • GDX Vaneck Etf Trust

    In “Central bank buying and ETF inflows support gold demand in Q3,” Vaneck Etf Trust (GDX) is linked, with no stored direction, medium confidence. Reason on file: VanEck Gold Miners ETF: it follows gold or gold miners. Linked by “gold” (gold) in this story

  • NEM Newmont

    For “Central bank buying and ETF inflows support gold demand in Q3,” Newmont (NEM) is linked, with no stored direction, medium confidence. Reason on file: Newmont (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story

  • AEM Agnico Eagle Mines

    Agnico Eagle Mines (AEM) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Central bank buying and ETF inflows support gold demand in Q3.” Reason on file: Agnico Eagle Mines (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story

  • WPM Wheaton Precious Metals

    For “Central bank buying and ETF inflows support gold demand in Q3,” Wheaton Precious Metals (WPM) is linked, with no stored direction, medium confidence. Reason on file: Wheaton Precious Metals (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story

  • GOLD Gold.com

    Gold.com (GOLD) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Central bank buying and ETF inflows support gold demand in Q3.” Reason on file: Gold.com (jewelry, watches, precious stones and metals): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story

Spdr Gold Trust (GLD)

“Central bank buying and ETF inflows support gold demand in Q3” (3 Nov 2026) reaches Spdr Gold Trust (GLD) through this story.

For Spdr Gold Trust (GLD), the reason on file says SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story

Vaneck Etf Trust (GDX) is here too. Its reason reads: VanEck Gold Miners ETF: it follows gold or gold miners. Linked by “gold” (gold) in this story

Dates and price levels for Spdr Gold Trust (GLD)

GDX traded between 78.92 and 89.70 across 20 sessions. The latest close on file is 83.13. GLD traded between 373.41 and 400.78 across 20 sessions. The latest close on file is 379.67. NEM traded between 104.52 and 120.03 across 20 sessions. The latest close on file is 106.60.

A simple score for Spdr Gold Trust (GLD)

46 out of 100

“Central bank buying and ETF inflows support gold demand in Q3” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.