WGC – Gold Market Commentary, Aug 2025

The main theme of the report concerns the dynamics of gold prices in August 2025 and the factors influencing these changes.

Key findings include: Gold reached new heights, closing the month at $3,429 per ounce, up 4% for the month and 31% for the year. The main drivers of gold price growth were the weakening of the US dollar, geopolitical tensions, and significant inflows into gold ETFs, especially in North America and Europe. The impact of stagflation in the US and the prospects for lower interest rates may continue to influence gold prices.