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On this day — August 9, 2025

Saturday — the international gold market is closed. Most retail jewellery markets, especially in Asia and the Middle East, see peak Saturday foot-traffic and physical trade activity.

Day 221 of 365 · Q3 2025 · 60.5% through the year

August 2025 gold market: Fresh highs on safe-haven and ETF demand

Bullish

Another breakout on safe-haven, ETF and central-bank demand.

Gold surged to new highs in August as investors sought protection from geopolitical tensions, large fiscal deficits, and currency risks. Strong ETF inflows, sustained central-bank purchases, and broad safe-haven demand combined for another major breakout.

What drove gold in August 2025

  • strong ETF inflows
  • safe-haven demand
  • central-bank purchases
  • fiscal-deficit and currency concerns
Themes#ETF inflows#safe-haven demand#all-time high

What happened next

A weakening US dollar extended the rally into the autumn.

For gold buyers

August reinforced the pattern: with multiple independent demand sources active, gold kept making new highs.

Aug 9 across the years — 20202024

+18.9% over 4 years
20202024
YearAug 9 closevs prior
Aug 9, 2024$2,437.09+26.75%View
Aug 9, 2023$1,922.75+7.10%View
Aug 9, 2022$1,795.30+3.24%View
Aug 9, 2021$1,738.90-15.17%View
Aug 9, 2020$2,049.92View
Each row is the verified XAU/USD spot close for Aug 9 of that year. Click any row to open the full daily archive (with country tables for Aug 9, 2020+).