Investment in gold ETFs surge by 170% on cost of jewelry demand amid rise in prices: Motilal Oswal Private Wealth

Global gold demand hit Q1 record in 2025, led by 170% rise in ETF inflows.

Central banks added 244t to reserves; emerging markets showed strong interest.

Jewelry demand fell, with India seeing a 25% drop in volume due to high prices.

Total gold supply rose 1% YoY to 1,206t; value surged 40% on price rally.