Gold price archive · USD per troy ounce
Gold Price 2001
In 2001, gold closed between $255.10 and $293.30 per ounce, a change of +2.46% for the year.
- Open
- $268.40
- High close
- $293.30
- Low close
- $255.10
- Close
- $278.70
- Average
- $271.04
- Vs. 2000
- +2.46%
Gold prices by month, 2001
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| January | $268.40 | $268.40 | $262.80 | $265.60 | −2.35% |
| February | $268.50 | $268.50 | $255.10 | $266.80 | +0.45% |
| March | $265.20 | $271.60 | $257.90 | $257.90 | −3.34% |
| April | $255.60 | $265.30 | $255.60 | $264.00 | +2.37% |
| May | $264.40 | $287.40 | $264.40 | $265.30 | +0.49% |
| June | $266.40 | $276.20 | $264.90 | $270.60 | +2.00% |
| July | $269.40 | $270.40 | $264.60 | $266.20 | −1.63% |
| August | $267.40 | $279.30 | $267.10 | $274.40 | +3.08% |
| September | $271.60 | $293.30 | $271.60 | $292.40 | +6.56% |
| October | $292.20 | $292.40 | $275.50 | $279.50 | −4.41% |
| November | $279.70 | $281.00 | $272.30 | $273.90 | −2.00% |
| December | $276.90 | $280.40 | $272.20 | $278.70 | +1.75% |
Closing prices of the front-month COMEX gold futures contract. Intraday highs and lows are not included.
Gold in 2001: the year in review
Gold touched its lowest levels in more than 20 years early in the year. The Federal Reserve cut interest rates eleven times during 2001, and after the September 11 attacks investors began to treat gold as a haven again, marking the start of a long bull market.
In 2001, gold rose 2.5%. Its highest close, $293.30, came on September 26, and its lowest, $255.10, on February 15.
Gold finished higher in 7 of 12 months. The strongest month was September (+6.56%) and the weakest was October (−4.41%). The largest single-day gain of the year was 6.8% on September 14, and the largest drop was 3.0% on May 30.
Gold closed at a new all-time high on 5 trading days in 2001. Every record-setting year since 2000 is listed on the gold all-time high page.
Figures use daily closing prices of the front-month COMEX gold futures contract, U.S. Eastern Time. See how we calculate prices.
Gold price 2001 questions
What was the price of gold in 2001?
Gold traded between $255.10 and $293.30 per troy ounce in 2001, based on daily closing prices. It closed the period at $278.70, and the average close was $271.04.
Did gold go up or down in 2001?
Gold rose 2.46% from the previous year-end close.
How does 2001 compare with a year earlier?
The year-end close of $278.70 is 2.5% higher than 2000.