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On this day — August 15, 2025

Friday — typically a higher-volatility close to the week. US monthly non-farm payrolls publish on the first Friday of each month at 8:30 AM ET, the single most-watched economic data release for gold.

Day 227 of 365 · Q3 2025 · 62.2% 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 15 across the years — 20212024

+38.1% over 3 years
20212024
YearAug 15 closevs prior
Aug 15, 2024$2,470.16+29.75%View
Aug 15, 2023$1,903.85+7.16%View
Aug 15, 2022$1,776.60-0.71%View
Aug 15, 2021$1,789.30View
Each row is the verified XAU/USD spot close for Aug 15 of that year. Click any row to open the full daily archive (with country tables for Aug 15, 2021+).