Gold prices averaged USD 3,352 per troy ounce in June, up 1.9% from May. On 30 June, the commodity traded at USD 3,284 per troy ounce, unchanged from 30 May.
Gold prices rose for the fifth straight month in June. Escalating tensions in the Middle East and U.S. engagement in the Israel-Iran conflict lifted prices to a fresh all-time high on 13 June. A weaker USD, making the precious metal cheaper, added impetus to the price rally. Still, prices trended down later in the month, tempered by a reported Israel-Iran ceasefire, expectations that the Fed will keep interest rates higher for longer plus announced progress on trade deals between the U.S. and other major economies.
This chart displays Gold (US$/toz) from 2023 to 2025.
Gold LBMA (prices in US$/toz, aop)
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gold LBMA | - | - | 1,928 | 1,977 | 2,072 | 2,338 | 2,474 | 2,661 | 2,857 | 3,286 | - | - |