In June 2025, gold and silver developed robustly despite a weak weekly close. Both precious metals were able to maintain their monthly gains and demonstrated resilience against short-term fluctuations.
Gold: Stability Despite Minor Declines
The gold price expanded its performance, recording a monthly increase of about 1.44% to 2.3%, depending on the source. On June 20, the gold price was around $3,367 per ounce, marking a minimal decline of 0.05% compared to the previous day. Year-to-date, the performance is classically strong, with an increase of over 25% since the beginning of the year.
Silver: Strong Demand and Investment Opportunities
Silver was able to gain about 9.1% over the month. With a price of around $37 per ounce on June 20, it continues its rally. This positive development is supported by fundamental factors: especially increasing industrial demand driven by green technologies such as solar panels and electric vehicles is boosting the silver market. Furthermore, the weaker US dollar has a positive effect, making silver cheaper for international buyers.
In summary, it can be noted that both precious metals continue to benefit from a strong demand base and remain in a positive trend. While gold records moderate gains, silver shows a significantly stronger momentum with prospects for further price increases in the coming months.
The market sentiment for precious metals remains healthy in light of these developments, despite the short-term pullbacks over the weekend.