G

Goldify Pro

Live Gold Rates & Tools

On this day — July 31, 2025

Thursday — a normal trading day. Weekly US initial jobless claims publish at 8:30 AM ET on Thursdays, occasionally producing intraday gold movement.

Day 212 of 365 · Q3 2025 · 58.1% 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 31 across the years — 20202021

-7.1% over 1 years
20202021
YearJul 31 closevs prior
Jul 31, 2021$1,825.80-7.08%View
Jul 31, 2020$1,964.90View
Each row is the verified XAU/USD spot close for Jul 31 of that year. Click any row to open the full daily archive (with country tables for Jul 31, 2020+).