11th July 2025

The Threat of Tariffs Pushes Gold Prices Higher, Silver Also Outperforms

Trump delivers another blow to international markets by imposing additional trade tariffs. Canada will be hit with 35% tariffs starting in August — a harsher measure than the previous 25% rate. Meanwhile, as tensions in the Middle East show no signs of easing, spot gold rises by 0.5% to $3,341.27 per ounce. Silver futures increase for the third consecutive week, gaining 2.2% to $38.14 per ounce.
Source: Investing.com

10th July 2025

Gold Above $3,300, Fed Hesitates on Interest Rates

There is still no signal from the U.S. central bank, which at the June meeting once again chose to keep interest rates unchanged. The uncertainty of potential inflationary pressures caused by Trump’s tariffs weighs heavily, although a possible easing of monetary policy in July is not ruled out.
Source: Kitco News

9th July 2025

The Chinese Central Bank Continues to Buy Gold

Central bank purchases continue to play a fundamental role in the gold market, helping to keep prices steady around $3,300 per ounce. Among the buyers, the People’s Bank of China stands out: although it has indeed slowed the pace of its purchases this year, it still plays a crucial role. With its June acquisition, the People’s Bank of China marks the eighth consecutive month of physical gold purchases, adding another two tonnes to its reserves and bringing the officially declared total to 2,299 tonnes.
Source: Kitco News