Gold use in electronic devices fell by 2% in the second quarter of 2025, according to the World Gold Council (WGC). The drop came as high prices, trade restrictions, and import tariffs made it harder for tech manufacturers to use the precious metal.
The WGC report showed that gold used in electronics fell from 66.8 tonnes to 65.8 tonnes compared to the same period last year. Overall, the technology sector’s gold demand also slipped by 2% year-on-year to 79 tonnes.
Experts say the fall is mainly because of rising gold prices and global trade tensions, which affected production in East Asian countries where most electronic devices are made.
Despite the slowdown in electronics, total global gold demand rose in Q2 2025, mainly because of strong investment inflows into gold-backed exchange-traded funds (ETFs).
