Precious metal prices increased 8.9% month on month in September, following August’s 0.5% rise.
The average price of precious metals rose in September for the ninth straight month, defying signs that August’s slowdown in price gains may have marked the end of the eight-month uptrend. Average prices of all four metals rose in September: The Fed’s interest rate cut boosted investor demand for silver, platinum and gold, while the impending U.S. government shutdown provided further impetus by bolstering safe-haven demand. Still, silver shone brightest as prices skyrocketed to a 14-year high. Moreover, the threat of duties on Russia’s palladium exports lifted prices for the metal in September.
This chart displays Gold (US$/toz) from 2023 to 2025.
Precious Metals Historical Price Data
Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Gold LBMA | - | - | - | 1,977 | 2,072 | 2,338 | 2,474 | 2,661 | 2,857 | 3,286 | 3,458 | - |
Handy & Harman Silver | - | - | - | 23.26 | 23.37 | 28.81 | 29.45 | 31.32 | 31.86 | 33.78 | 39.57 | - |
Palladium LME | - | - | - | 1,093 | 980 | 973 | 970 | 1,011 | 960 | 990 | 1,172 | - |
Platinum LME | - | - | - | 914 | 911 | 980 | 964 | 966 | 968 | 1,070 | 1,386 | - |