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3rd July 2025
Gold Slightly Up: +0.08% Change
No major moves for the price of gold, which opens today with a slight increase of 0.08%, reaching $3,360 per ounce. Support remains strong due to concerns over the U.S. fiscal deficit, along with ongoing uncertainty surrounding the tariff agreements set to expire on July 9. The yellow metal has still gained 2.5% since Monday, recovering the ground lost last week.
Source: Ansa
2nd July 2025
The World Bank Forecasts Strong Gains for Precious Metals
According to a Kitco report, World Bank analysts predict a bullish trend for gold prices over the next 18 months. In the first half of 2025, gold has gained nearly 25%, driven by economic and geopolitical uncertainty. Experts expect prices to remain high, approximately 150% above the 2015-19 average.
Source: Trading View
1st July 2025
Trump Tariff Deadline Approaches: Gold on the Rise
Gold prices are climbing in today’s Asian trading session, supported by increased demand for safe-haven assets and uncertainty surrounding U.S. trade negotiations. The deadline for the tariffs imposed by the Trump administration is set for July 9. Spot gold rose 0.8% to $3,328.71 per ounce. August futures gained 1% to $3,339.70 per ounce.
Source: Investing.com