Weekly Market Recap – September 29, 2025

Gold prices have surged to record highs in recent years, appreciating over 40% year-to-date to $3,775 per troy ounce. Last year, gold rose 27%, out performing the S&P’s total return. While gold demand in volume terms rose just 3% in 2Q25, it has skyrocketed 45% in value terms, according to the World Gold Council, largely driven by central bank buying activity.