Iran fifth gold consumer in 2025, global data show

According to the World Gold Council, Iran ranked as the 5th largest gold consumer globally in the first nine months of 2025, trailing only China, India, the US, and Turkey.

News ID: 2002691

World Bank data shows Iran’s GDP per capita, at approximately $5,190 in 2024, places it in the lower-middle tier of global economies, ranking 119th out of 197 nations.

Yet, in the gold market, it is a global titan. This discrepancy proves that Iranians are diverting a significantly larger portion of their income into gold than citizens of stable economies, Euronews reported.

The ranking comes while the country's economy is under immense oppressive US pressures. /mehr