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On this day — June 17, 2025

Western wedding season: Western (especially US and European) gold and platinum jewellery demand peaks in May, June and December — combined wedding and gift seasons. US jewellery sales typically see 30–50 percent surges in these months.

Tuesday — a normal trading day. Tuesday is also when the CFTC publishes Commitments of Traders data for the prior week, often producing intraday movement.

Day 168 of 365 · Q2 2025 · 46.0% through the year

June 2025 gold market: Buy-the-dip as ETF inflows resume

Bullish

Dip-buying and resumed ETF inflows kept the uptrend intact.

Gold stabilised and turned higher again in June as investors treated the May pullback as a buying opportunity. ETF inflows resumed, the long-term outlook stayed constructive, and expectations of future Fed rate cuts underpinned sentiment. A flare-up of Middle East tensions added a safe-haven bid.

What drove gold in June 2025

  • resumed ETF inflows
  • future Fed rate-cut expectations
  • Middle East tensions
  • constructive long-term outlook
Themes#ETF inflows#buy-the-dip#geopolitics

Key events in June 2025

  1. Jun 15Middle East escalation adds a safe-haven bid; ETF inflows resume

What happened next

Steady physical demand from Asia carried the strength into the summer.

For gold buyers

June confirmed the May dip was for buying — with ETF money flowing back, every pullback found support.

Jun 17 across the years — 20202022

+6.8% over 2 years
20202022
YearJun 17 closevs prior
Jun 17, 2022$1,841.60+3.54%View
Jun 17, 2021$1,778.70+3.15%View
Jun 17, 2020$1,724.40View
Each row is the verified XAU/USD spot close for Jun 17 of that year. Click any row to open the full daily archive (with country tables for Jun 17, 2020+).