New Delhi, Sept. 7 -- Gold, internationally, continued its stellar run in August 2025, closing the month at USD 3,429 per ounce, marking a 3.9 per cent monthly gain, and taking its year-to-date rise to 31.4 per cent, according to the World Gold Council's latest commentary.

The yellow metal is now hovering just shy of its all-time high of USD 3,435 per ounce, reached earlier in June 2025, according to the latest Gold Market Commentary by WGC.

The gold rally was observed in August due to a weak US dollar, strong inflows into gold-backed ETFs, and persistent geopolitical tensions.

"...major contributors to August price performance were a drop in the US dollar early in the month, continued geopolitical tensions, and strong global gold ETF ...