Gold News

Gold prices have dipped slightly recently. However, a weaker US dollar could help push the yellow metal higher again. Meanwhile, silver prices are rising due to record demand for semiconductors, according to Heraeus analysts.

Silver rose 1.4% during Asian trading after last week's 4% increase, which pushed the metal to a 14-year high. Investors worry that new US tariffs could tighten supply, Bloomberg reports.

Gold prices surged to a three-week high on Monday as investors sought safe-haven assets in response to US President Donald Trump’s proposal to impose 30% tariffs on goods from Mexico and the European Union.

An increase of the indicator value may contribute to the rise in quotes of Gold.

Gold prices stabilized around $3,300 per ounce mid-year, even as the US temporarily suspended import tariffs and trade policy tensions showed modest easing. According to analysts at Metals Focus, investors continue to view the precious metal as a safe-haven asset.

Demand for physical gold weakens in Asian countries due to price volatility, Reuters reports. In China, the world's largest gold consumer, market participants are hesitant to increase purchases, anticipating further price declines.

Ole Hansen, Head of Commodity Strategy at Saxo Bank, believes prices of precious metals will continue to rise in the second half of this year, with new drivers likely to join the existing ones.

According to analysts at the World Gold Council (WGC), prices for the precious metal could rise amid a widening US budget deficit and growing fiscal instability, even if no crisis occurs in the country in the near future.

The World Gold Council (WGC) reports that gold-backed exchange-traded funds (ETFs) drew the largest inflows in five years between January and June 2025.

The People's Bank of China continues its massive gold acquisitions. Through these actions, China's and other financial regulators are supporting the precious metals market and keeping gold prices around $3,300 per ounce.