Weekly Market Overview for Week of Monday - September 1, 2025

Safe-Haven Demand Propels Gold and Silver to Fresh Records as Selective Strength Lifts Numismatics


Wyatt McDonald

Sep 9th, 2025 · 3 Minutes

Precious metals advanced to new highs, with gold largely holding between about 3,550 and 3,590 per ounce and silver near 40.50 to 41.20 into the weekend. 

Year to date, gains remained notable, with gold up roughly 36 percent and silver about 43 percent, while the gold silver ratio hovered in the mid to high 80s across the week (GoldPrice.org; USAGold). 

Safe-haven momentum, expectations for Federal Reserve rate cuts, and continued central bank accumulation underpinned price strength, and seasonal demand began to build ahead of global holidays (USAGold; Universal Coin Market Report).

In the rare coin market, dealer bids stayed firm with tight availability at the top end, especially for CAC-approved and registry-quality U.S. and world issues. 

Liquidity remained healthy with two-way markets and quicker turns in inventories. 

Buyers showed greater selectivity in the mid tier as absolute prices rose, while bullion-related generics broadly tracked spot levels (Universal Coin Market Report).

 

Daily Market Breakdown

 

Monday September 1 

Monday opened with a divergence between the two major precious metals. 

On September 1, gold closed at 3,448.43 per ounce, down a fraction on the day, while silver finished at 39.80, up 2.40 percent. The gold silver ratio eased to 86.65 as silver outperformed. 

The broader backdrop continued to favor safe-haven assets, with record and near-record gold levels supported by geopolitical uncertainty, a softer dollar, and official-sector buying that has been a defining feature of 2025. 

Early seasonal interest in physical metals and coin purchases also began to emerge as buyers looked ahead to fall and winter holidays (SilverPrice.org; Universal Coin Market Report; USAGold; Trading Economics).

 

Tuesday September 2 

On Tuesday, the rally gathered momentum. Gold climbed to 3,479.25 per ounce and silver to 40.66, with the gold silver ratio slipping to 85.57 on silver’s relative strength. 

Markets focused on weak U.S. labor data and rising unemployment that bolstered the case for a near-term Fed rate cut, while ongoing geopolitical tension and questions around policy independence added to risk-off flows into bullion. (USAGold; GoldPrice.org; USAGold; Fortune).

 

Wednesday September 3 

Midweek trading extended the trend. By Wednesday, September 3, gold settled around 3,529.70, while silver hovered near 40.87 in morning trade. 

Technicals for silver pointed to firm support in the high 39 zone and scope for further upside if momentum held, mirroring steady safe-haven interest and constructive macro conditions (GoldPrice.org; Fortune; Forex24.Pro).

 

Thursday September 4 

Thursday saw a pause in gold with a close near 3,560. Silver was steady around 41.07, reflecting an impressive gain compared with September 2024. 

The gold silver ratio sat in the high 86s, consistent with silver’s proportional outperformance across the past year. 

Safe-haven demand remained the key macro theme, with investors citing global economic uncertainty and East West financial frictions as reasons to maintain or add to precious metals exposure (Fortune; Fortune; SilverPrice.org; USAGold).

 

Friday September 5 

Friday delivered new milestones even as daily closes were mixed. Gold settled at 3,552.48, though spot spiked to an all-time high near 3,586 intraday before pulling back and finished the week near record territory. 

Silver’s closes varied by venue, with prints near 40.73 and other readings around 41.20 as liquidity thinned into the weekend. 

The year-to-date advance stood near 36 percent for gold and 43 percent for silver. (GoldPrice.org; USAGold; Fortune; GoldSilver.com).

 

Saturday September 6 

On Saturday, September 6, gold closed at 3,590.02 and silver at 40.96, both near their weekly highs. The gold silver ratio was largely steady in the upper 80s. 

The narrative was familiar but potent, blending safe-haven inflows, expectations of easier monetary policy, and record or near-record official-sector demand. 

Seasonal buying began to ramp up alongside persistent interest from both institutional and retail channels (GoldPrice.org; USAGold; DailyForex; DiscoveryAlert; Universal Coin Market Report).

 

Sunday September 7 

Sunday trading closed out the week with both metals essentially parked near all-time highs. Gold held near 3,590 and silver approached 41.01. 

The week’s price action left the gold silver ratio in the high 80s, a range consistent with silver’s relative resilience throughout the rally. 

Looking ahead, markets remain focused on upcoming Fed signals and inflation data, along with continued dollar softness and rate cut expectations. 

The early build into holiday buying should support liquidity across bullion and select, high-quality rarities as well.

For rare coin owners, the combination of record or near-record spot prices, strong two-way liquidity, and tight supply at the top end creates a constructive window to evaluate holdings. 

As bullion-linked premiums ebb and flow with spot, premiums on certified key dates and high-grade types have remained firm, with buyer selectivity most evident in mid-tier material (GoldPrice.org; Fortune; USAGold; Universal Coin Market Report).

 

Sell With Confidence

Thinking about selling your rare coin collection? Coinfully specializes in purchasing numismatic treasures and precious metals from collectors nationwide. 

Our expert team provides fair, competitive offers based on current market conditions. 

Whether you have individual rare coins, complete collections, or precious metals, we make the selling process simple and transparent. 

Contact Coinfully today for a confidential consultation and free online coin appraisal.

 

Sources

Wyatt McDonald President & Co-Founder of Coinfully. A student of numismatics and trained in the ANA Seminar in Denver, Wyatt is the face of Coinfully and a true expert. After spending a decade buying coins over the counter at a coin shop, he knew there had to be a better way, for everyone involved.

Get an Appraisal

Think you’re onto something big with your collection? Let’s talk…

401 Hawthorne Ln, Ste 110-323 - Charlotte, NC 28204

Image of appraised coins on a table

Don’t put in all the work for an in-person appraisal just to be offered pennies on the dollar.