Gold Price Hits Record High at Start of Q2, Falls Short of First Quarter Peak

The global gold market has seen significant fluctuations in recent times. According to the World Gold Council, the average LBMA PM Gold Price fixing stood at $4,506.29 per troy ounce in the second quarter of this year.

This figure represents an 8% decrease from the record level recorded in the first quarter of this year.

However, compared to the same period last year, the average LBMA PM Gold Price was a notable 37% higher.