CPM Gold Trade Recommendation
Time Stamp
Prices as of 10.30 a.m. EDT 10 July 2025 $3,328.50 (Basis the August 2025 Comex contract).
Recommendation: Buy
Initial Target Price / Range: $3,375
Initial Timeframe: 11 July 2025 to 1 August 2025
Stop Loss: N/A
CPM’s most recent Gold Trade Recommendation was a Buy recommendation on 24 June. Gold was $3,337.80 and CPM projected a rise in prices. Instead, gold sold off on an intraday basis to $3,250.50 on 30 June before recovering to $3,376 on 3 July. It has been consolidating since that time.
An argument can be made to stand aside waiting for greater political and economic clarity. Indeed, many in the market have done exactly that.
This is a seasonally weak period for gold demand and prices, and the continued unpredictable vacillations of the U.S. Administration has led financial markets to shift more to a wait-and-see posture.
That said, longer term CPM still expects higher gold prices. Another move to $3,375 over the remainder of July is easily possible. A stronger increase, to CPM’s past $3,425 ultra short term upside target, is possible, although it may not happen yet in July.
CPM has one-month, three-month ranges and eight-quarter quarterly price projections with greater discussion of the factors behind CPM’s analyses provided in CPM’s monthly subscription service, the Precious Metals Advisory.
While short-term trade recommendations provide high risk – high reward opportunities for investors, it is difficult to capture the complex web of factors affecting precious metals prices and the nuanced CPM analyses of these factors that goes into our firm’s price projections. In addition to these short-term outlooks, CPM Group provides clients enhanced trade recommendations that include one and three month price projections, as part of our Retail Investor Program. Contact CPM at info@cpmgroup.com for details.
Notes:
Initial Target Prices and Timeframes are just that: Initial. If CPM does not issue a new Recommendation during or after that time it indicates that CPM maintains the posture in the most recent Trade Recommendation. Position may be closed out once target price is reached, within the noted discretion or until CPM provides new trade recommendation. CPM may have reported to have closed out of prior trade recommendation at its discretion before publicly publishing new trade recommendation due to processing time.
Discretion should be allowed at +/- 0.20% of the price at the time each TR is issued from the target.
CPM’s preferred investment strategies use physical, futures, forwards, and options.
