Gold Prices man

Gold prices averaged USD 4,074 per troy ounce in July, down 3.9% from June. On 31 July, the commodity traded at USD 4,047 per troy ounce, up 0.3% from 30 June.

Average gold prices extended their decline in July, marking a fifth consecutive monthly loss, as expectations of higher-for-longer U.S. interest rates weighed on the non-yielding asset. Still, spot gold prices ended July above the previous month’s close for the first time in five months, albeit with only modest gains, as softer-than-expected U.S. inflation data supported prices late in the month. Looking at the bigger picture, gold prices remain historically high after 2025’s strong rally.