Housekeeping: Find at bottom WGC ETF report as well
WGC Gold Mid-Year Outlook 2025
A FLIGHT TO TANGIBLE SAFETY
The 2025 mid-year outlook on gold frames a landscape where confidence is being redefined not by rate expectations or ETF flows, but by a growing divergence between market narrative and structural demand. The document opens with a contextual reminder:
“Gold has risen by 13% year-to-date, and recently touched an all-time nominal high of USD 2,450/oz.”