G

Goldify Pro

Live Gold Rates & Tools

On this day — July 28, 2025

Monday — typically a high-volume trading day as markets digest weekend news. Asian gold imports often see Monday surges in major demand countries.

Day 209 of 365 · Q3 2025 · 57.3% through the year

July 2025 gold market: Asian physical demand underpins the rally

Bullish

Resilient Asian physical demand underpinned the trend.

Gold stayed strong through July, supported by resilient physical demand from Asia. China and India — the world's two largest gold consumers — continued to anchor global demand, while reserve diversification and firm investor confidence kept the bull market on track.

What drove gold in July 2025

  • strong physical demand from China and India
  • reserve diversification
  • investor confidence
  • steady ETF demand
Themes#Asian demand#physical demand#reserve diversification

What happened next

Renewed safe-haven and ETF flows drove gold to fresh highs in August.

For gold buyers

July highlighted gold's dual engine in 2025 — Western ETF money and Eastern physical demand pulling together.

Jul 28 across the years — 20202021

-7.4% over 1 years
20202021
YearJul 28 closevs prior
Jul 28, 2021$1,796.60-7.43%View
Jul 28, 2020$1,940.90View
Each row is the verified XAU/USD spot close for Jul 28 of that year. Click any row to open the full daily archive (with country tables for Jul 28, 2020+).