Gold Registers Biggest Semiannual Jump Since 2007

BlockBeats News, July 1st, Gold has risen by over 25% in the past six months. With gold hitting a historic high in the second quarter, the price of gold in the first half of 2025 saw its best performance since the second half of 2007. By the end of the first quarter on June 30, gold had risen by 5.5%.

Analysts say that after hitting a historic high, the price of gold is currently consolidating around $3,300 per ounce. Rhona O'Connell of StoneX said in a report: "The easing of tensions in the Middle East and the signing of trade agreements have alleviated the tension, which is not favorable for gold but could potentially help silver." (Jin10)