After soaring to all-time highs during the first quarter of 2025, how could gold follow up during Q2? By setting new price records, of course. Tariff threats, financial uncertainty and geopolitical tensions all fueled the yellow metal’s price rise during the second quarter of the year, which saw gold reach the US$3,500 per ounce mark for the first time. While central banks continued to make gold purchases during the period, so too did retail investors, who shied away from US treasuries in favor of a more tangible safe-haven asset class. What happened to the gold price in Q2? Gold had an impressive run during the first quarter of the year, steadily rising from US$2,658.04 on January 2 to US$3,138.24 on April 2, leaving investors to wonder how much more gas was available for Q2. Gold price, April 1 to July 10, 2025. Chart via Trading Economics. The price of gold…
