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Commodities

Gold Posts First Monthly Gain Since February as Silver Extends Losing Streak

Guavy AI Editorial Team
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The precious metals market witnessed volatility in July 2026, with gold gaining 0.60% and silver declining by 5.21%. The divergent paths of these two metals reflected their different safe-haven appeals and industrial demand profiles.

Gold's monthly gain was its first since February 2026, driven by safe-haven demand and dollar weakness. In contrast, silver faced additional headwinds from its industrial demand profile.

The trading week began on a strong note for both precious metals, with gold and silver prices surging on Monday, 27 July, due to a weaker US dollar and easing inflation concerns following a temporary pause in hostilities between the United States and Iran.

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