Analysis of Gold Price Development on July 10, 2025
On Thursday, July 10, 2025, the gold price (ISIN: XC0009655157) opened at approximately 3,314.49 USD per troy ounce. Throughout the day, the price fluctuated between a low of about 3,309.91 USD and a high of around 3,330.42 USD. The closing price was close to 3,317.47 USD, which was nearly stable compared to the previous day.
Influencing Factors on the Gold Price
The development of the gold price was significantly influenced by exchange rate fluctuations of the EUR/USD as well as the market conditions of other precious metals such as silver and copper. In the eurozone, there was a slight appreciation of the gold price in euros, with an increase of about +0.41% to around 2,837.66 EUR per troy ounce.
Particularly for private investors, the current contextual situation is crucial. Despite rising real yields due to aggressive interest rate hikes by central banks, the gold price remained stable to slightly firm. Geopolitical tensions, such as a major Israeli attack on Iranian nuclear facilities in mid-June, had previously led to an increased demand for safe assets and supported the gold price; for example, on June 13, it was still around 3,421 USD per troy ounce.
Importance for Investors
- The gold price showed stable tendencies with slight volatility in the range of 3,310 to 3,330 USD.
- Exchange rates play an important role in price development in the eurozone.
- Geopolitical uncertainties remain a significant factor in supporting the precious metal price.
- The interest rate policy of central banks has a dampening effect on prices but has not significantly pushed down the price.
This information is particularly relevant for private investors when assessing current market conditions and evaluating opportunities for entering gold-based investments.