Digital gold could triple by 2031, WGC estimates

AI desk brief

The World Gold Council and Boston Consulting Group estimate digital gold could expand to $160 billion-$170 billion by 2031 from $45 billion-$55 billion today, potentially bringing about $95 billion of new money into bullion if providers can build investor trust. The report says nearly nine in 10 surveyed investors would consider digital gold under the right conditions, but trust, clearer regulation, proof of backing and practical redemption remain the key barriers.

The study suggests the opportunity is largest among non-gold investors, with about 65% of untapped demand coming from people who currently do not own gold. Adoption is strongest where digital gold is embedded in familiar banking or payment apps, and the Royal Mint’s DigiGold is cited as a gateway that can convert digital buyers into physical bullion owners.