Gold prices have risen for several consecutive days in late June and early July 2025, driven by market optimism that the Federal Reserve will resume interest rate cuts later this year. This upward trend continued ahead of key U.S. inflation data releases, including the Consumer Price Index (CPI) and Producer Price Index (PPI). Gold's gains were supported by a softer U.S. dollar and retreating Treasury yields, as well as ongoing trade tensions and uncertainty surrounding U.S. tariff policies ahead of a July 9 deadline. Spot gold prices increased slightly to around $3,352.99 per ounce following the U.S. inflation data but saw some decline afterward, with futures trading near $3,340. Analysts suggest buying on dips amid lingering tariff concerns. Meanwhile, platinum has experienced a strong rally in 2025, with a year-to-date gain of 41.5%. Recently, platinum prices climbed more than 3% to $1,418.54 per ounce, approaching a key resistance level around $1,430, which corresponds to a 50% retracement of its 2008 to 2020 slump.