Mumbai, Jan. 29 -- World Gold Council or WGC has stated that the LBMA (PM) gold price set 53 new all-time highs during 2025. The average Q4 price was a record US$4,135/oz (+55% y/y), resulting in the highest annual average of US$3,431/oz (+44% y/y). Total annual gold supply grew by 1%. Initial estimates suggest mine production inched up to a new record of 3,672 tonnes (t). Recycling activity gained 3% to 1,404t - a relatively muted response to a 67% increase in the US dollar gold price. Demand also set a Q4 record. Total quarterly demand of 1,303t was the highest ever for a fourth quarter, lifted by hefty ETF inflows (175t) and a 12-year high in bar and coin buying (420t). It noted that with continued geopolitical tensions, it expects anoth...