GOLD
Monday, July 21, 2025
Gold rose to around $3,364 per ounce, marking a 0.76% daily increase.
The price increase came as the US dollar went down and also because the central banks were increasing their gold reserves.
According to the World Gold Council, central bank demand for gold has hit record highs this year, with China, Turkey, and India among top buyers.
Inflation data out of the US (latest Consumer Price Index: +2.7% year-over-year) kept interest in gold high as an inflation hedge.
Tuesday, July 22, 2025
Gold jumped higher, reaching about $3,413 per ounce, up 1.45% from Monday.
Investors reacted to falling US Treasury yields, which tend to make “safe” assets like gold more attractive.
News broke about US tariff risks and upcoming trade deadlines, which tend to increase demand for gold.
Recently, gold prices have climbed over 26%, as a result of inflation worries and international tensions.
Wednesday, July 23, 2025
Gold prices didn't move much, ending the day at $3,428 per ounce (+0.07).
Some investors sold after the recent rally, while others held onto their bags, expecting relevant economic headlines like the central bank policy updates
Despite this pause, gold remains over 42% higher compared to July 2024, showing that it is a valuable asset.
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SILVER
Monday, July 21, 2025
Silver began the week at roughly $38.21 per ounce, with support from both industrial demand and investor interest.
Demand from electronics and solar industries continues to push silver higher; industrial usage now makes up more than 55% of yearly silver consumption.
Silver supply is tight—2025 is on track for the seventh straight annual supply deficit, according to the Silver Institute.
Tuesday, July 22, 2025
Silver moved to $39.20 per ounce (+2.59%), driven by continued supply constraints and buying from both industries and investors
Investment flows also skyrocketed, with more traders viewing silver as a cheaper alternative to gold.
Wednesday, July 23, 2025
Silver remained near $39.38 per ounce (+0.19%), staying close to its highest price levels in more than 13 years.
Over the past month, silver is up nearly 10%, and has jumped more than 36% from the same time last year.
Major silver users, like tech companies and green energy manufacturers are locking in supply deals. This has helped keep prices move higher.
N/B: Screenshots are mine, except otherwise stated.
