ABC Bullion Monthly Market Update September 2025
01 October 2025
Precious metal markets continued to break record highs this month, with gold rising up toward AUD $5,865 per troy ounce (oz), while silver is now trading above AUD $71.60oz
Further conviction around U.S. rate cuts, a falling US dollar, concern around excessive equity market valuations, strong ETF inflows and the recent US government shutdown continue to underpin precious metal demand, while speculative positioning is also helping to drive prices. The rally has been reinforced by momentum funds and safe-haven demand, with gold carving out fresh highs and silver extending its bull market run.
These forces continue to underpin a constructive medium to long-term outlook for gold, silver and platinum, with the recent strength across the sector leading to a surge in new account activations, in-store and online trade, and demand for both key physical products as well as our ABC Bullion Gold Saver.
It also provides the ideal backdrop for the release of the ABC Bullion September monthly market update.
With detailed charts on gold, silver and platinum performance, inflation dynamics, commodity prices, comparisons of precious metals markets to risk assets and technical analysis, it is an invaluable resource that helps Australian investors navigate the precious metal market.
This month’s update includes several additional charts, featuring gold against the U.S. Dollar Index (DXY), rolling annual inflows into gold ETFs (in both tonnes and USD terms), silver relative to its 200-day moving average (200DMA) and comparative RSI analysis for both gold and silver.
Expanded Saturday Trading Hours
ABC Bullion is excited to announce expanded trading hours at its Global Flagship Store at 38 Martin Place. Effective tomorrow, Saturday 4th October, ABC Bullion will be open from 10am-4pm for sales, buybacks and collections of precious metals, as well as account enquiries and client consultations. We look forward to welcoming you.
Thank you for choosing ABC Bullion

Jordan Eliseo
General Manager, ABC Bullion

Luke Tyler
Market and Business Analyst, ABC Bullion
Disclaimer: This document has been prepared by Australian Bullion Company (NSW) Pty Limited (ABN 82 002 858 602) (ABC). The information contained in this document or internet related link (collectively, Document) is of a general nature and is provided for information purposes only. It is not intended to constitute advice, nor to influence any person in making a decision in relation to any precious metal or related product. To the extent that any advice is provided in this Document, it is general advice only and has been prepared without taking into account your objectives, financial situation or needs (your Personal Circumstances). Before acting on any such general advice, we recommend that you obtain professional advice and consider the appropriateness of the advice having regard to your Personal Circumstances. If the advice relates to the acquisition, or possible acquisition of any precious metal or related product, you should obtain independent professional advice before making any decision about whether to acquire it. Although the information and opinions contained in this document are based on sources, we believe to be reliable, to the extent permitted by law, ABC and its associated entities do not warrant, represent or guarantee, expressly or impliedly, that the information contained in this document is accurate, complete, reliable or current. The information is subject to change without notice, and we are under no obligation to update it. Past performance is not a reliable indicator of future performance. If you intend to rely on the information, you should independently verify and assess the accuracy and completeness and obtain professional advice regarding its suitability for your Personal Circumstances. To the extent possible, ABC, its associated entities, and any of its or their officers, employees and agents accepts no liability for any loss or damage relating to any use or reliance on the information in this document. It is intended for the use of ABC clients and may not be distributed or reproduced without consent. © Australian Bullion Company (NSW) Pty Limited 2020.