G

Goldify Pro

Live Gold Rates & Tools

On this day — September 2, 2025

Tuesday — a normal trading day. Tuesday is also when the CFTC publishes Commitments of Traders data for the prior week, often producing intraday movement.

Day 245 of 365 · Q3 2025 · 67.1% through the year

September 2025 gold market: A weak dollar powers the rally on

Bullish

Dollar weakness — gold's most reliable tailwind — drove it higher.

Gold remained strong in September as the US dollar weakened significantly through 2025 — one of the most reliable relationships in markets is that a falling dollar lifts gold. Reviving rate-cut expectations and continued investment demand reinforced the sustained bullish trend.

What drove gold in September 2025

  • significant US dollar weakness
  • Fed rate-cut expectations
  • continued investment demand
  • central-bank buying
Themes#US dollar weakness#Fed rate cuts#investment demand

Key events in September 2025

  1. Sep 17Fed signals/begins easing; dollar weakens, gold strengthens (verify date)

What happened next

Momentum and an actual rate cut carried gold to the historic $4,000 milestone in October.

For gold buyers

September leaned on gold's most dependable driver: when the dollar falls, gold tends to rise — and in 2025 the dollar fell hard.

Key terms this month

Dollar–gold inverse relationship:
Gold is priced in US dollars, so a weaker dollar generally makes gold cheaper for other currencies and lifts its price — one of the strongest relationships in markets.

Sep 2 across the years — 20202023

-0.3% over 3 years
20202023
YearSep 2 closevs prior
Sep 2, 2023$1,940.55+13.32%View
Sep 2, 2022$1,712.50-5.52%View
Sep 2, 2021$1,812.60-6.91%View
Sep 2, 2020$1,947.10View
Each row is the verified XAU/USD spot close for Sep 2 of that year. Click any row to open the full daily archive (with country tables for Sep 2, 2020+).