Why The AI Boom Barely Moved Gold’s Oldest Industrial Buyer

World Gold Council Q1 2026 Gold Demand Trends report: total technology gold demand rose 1% year over year (80.4 tonnes to 81.6 tonnes) despite falling dentistry and gold substitution in consumer electronics; electronics climbed 3% to 69.3 tonnes while “other industrial” uses fell 8% Perigon signal context: impact mixed, driver demand side.