The total demand during the corresponding period last year stood at 1,041.9 tonnes.
Overall consumer demand, including jewellery, coin and bar demand, went up by 13.63 per cent to 927.6 tonnes compared with 816.3 tonnes last year, Gold Demand Trends report of WGC said.
Global investment demand saw a significant rise of 27 per cent to 230 tonnes from 181 tonnes a year ago.
This was led by the US, which saw a surge in bar and coin demand, up 207 per cent at 33 tonnes from 11 tonnes last year, with support from China, up 70 per cent at 52 tonnes and Europe up 35 per cent at 61 tonnes.
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In the first part, factors, including ETF outflows, contributed to a price dip, which buoyed consumer demand around the world.
A shift in tactical investor positions in the latter part led to modest ETF inflows in August and September and helped to push prices back, it said.
Global jewellery demand for Q3 was up 6 per cent year-on- year at 632 tonnes compared with 594 tonnes.
While in India, jewellery demand was up 15 per cent at 211 tonnes and China was up 4 per cent at 188 tonnes, the US and the Middle East saw marginal gains, up 2 per cent at 26 tonnes and 8 per cent at 56 tonnes, respectively, the report said.
Total supply was 1,100 tonnes in Q3, up 1 per cent year-on-year.
Total mine supply (mine production and net producer hedging) remained relatively flat up 3 per cent year-on-year at 848 tonnes compared from 814 tonnes.
Quarterly mine production shrank by 1 per cent to 828 tonnes in Q3 as against 836 tonnes in third quarter last year.
Recycling levels were also down 6 per cent year-on-year to 252 tonnes from 268 tonnes in Q3 last year.
"India and China remain the dominant figures in the global gold market, accounting for close to 45 per cent of the total demand. But what was particularly noticeable this quarter is that the consumer response to the price dip was a truly global occurrence," WGC Head of Market Intelligence Alistair Hewitt said.
Global jewellery demand also picked up, in what is traditionally a quiet time of the year, he said.
He further said, "Separately, purchases by the central banks almost equalled the Q3 2014 record as gold diversification benefits continued to be recognised. The increased transparency that comes from the publication of China's reserve data is a welcome addition to the market - although Russia still remains the most significant buyer".