Gold & Silver Overview (Spot, USD/oz) Sept 1 → Sept 12, 2025
Gold & Silver Overview (Spot, USD/oz)
Sept 1 → Sept 5, 2025
Gold (XAU/USD)
| Date | Close |
|---|---|
| Sep 1 | 3,476.33 |
| Sep 2 | 3,533.69 |
| Sep 3 | 3,559.23 |
| Sep 4 | 3,545.85 |
| Sep 5 | 3,586.80 |
Change (Sep 1→5): +110.47 (+3.18%)
Source: Bullion-Rates daily gold history for Sept 2025. Bullion Rates
Silver (XAG/USD)
| Date | Close |
|---|---|
| Sep 1 | 40.720 |
| Sep 2 | 40.889 |
| Sep 3 | 41.212 |
| Sep 4 | 40.665 |
| Sep 5 | 41.008 |
Change (Sep 1→5): +0.288 (+0.71%)
Source: Bullion-Rates daily silver history for Sept 2025. Bullion Rates
What drove Sept 1–5 moves? (Quick read)
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Rate-cut bets + softer USD lifted both metals to start the month; silver briefly pushed past $40 for the first time since 2011. Reuters
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Week ended firm ahead of U.S. data (NFP/other prints) as safe-haven demand persisted. (Context on the week’s tone.) Reuters
Sept 8 → Sept 12, 2025
Gold (XAU/USD)
| Date | Close |
|---|---|
| Sep 8 | 3,635.83 |
| Sep 9 | 3,626.47 |
| Sep 10 | 3,640.60 |
| Sep 11 | 3,633.99 |
| Sep 12 | 3,643.12 |
Change (Sep 8→12): +7.29 (+0.20%)
Source: Bullion-Rates daily gold history for Sept 2025. Bullion Rates
Silver (XAG/USD)
| Date | Close |
|---|---|
| Sep 8 | 41.346 |
| Sep 9 | 40.877 |
| Sep 10 | 41.156 |
| Sep 11 | 41.561 |
| Sep 12 | 42.185 |
Change (Sep 8→12): +0.839 (+2.03%)
Source: Bullion-Rates daily silver history for Sept 2025. Bullion Rates
What drove Sept 8–12 moves? (Quick read)
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Fresh record highs / near-records for gold mid-week as markets priced in deeper Fed cuts and a weaker dollar; safe-haven flows stayed strong. Reuters+1
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Silver outperformed on tightening supply + strong industrial demand (solar/EV/tech), stretching gains into the $42s by Friday. Trading Economics
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End-week tone remained bullish after multiple highs, with mainstream outlets noting the record-chasing momentum. MarketWatch
Plain-English takeaways
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Gold: Two solid weeks overall. The first week (Sep 1–5) did the heavy lifting (+3.2%), the second week consolidated near the mid-$3,600s as the market balanced record-high headlines with profit-taking. Macro driver #1 stayed the same: rate-cut expectations and a softer USD. Reuters+1
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Silver: Rose alongside gold, but with stronger % gains in the second week (+2.0%) as industrial-demand stories (EVs/solar) and supply constraints kept a bid under prices. Bullion Rates+1