2025-06-09
June 2025 Gold Market Overview: Why Platinum and Silver are Stealing the Spotlight
Gold experienced a period of consolidation in May 2025 after reaching an all-time high of $3,500/oz on April 22nd. This consolidation was influenced by eased concerns about US tariffs and a rebound in global risk appetite, which pushed stocks higher and reduced asset market volatility. Despite this, gold only modestly weakened from its peak, accompanied by a significant reduction in speculative long positions across futures, gold-backed ETFs, and options, which has improved its technical outlook.