Gold price archive · USD per troy ounce
Gold Price 2011
In 2011, gold closed between $1,318.40 and $1,888.70 per ounce, a change of +10.18% for the year.
- Open
- $1,422.60
- High close
- $1,888.70
- Low close
- $1,318.40
- Close
- $1,565.80
- Average
- $1,572.14
- Vs. 2010
- +10.18%
Gold prices by month, 2011
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| January | $1,422.60 | $1,422.60 | $1,318.40 | $1,333.80 | −6.14% |
| February | $1,339.60 | $1,415.30 | $1,331.50 | $1,409.30 | +5.66% |
| March | $1,430.70 | $1,438.90 | $1,392.60 | $1,438.90 | +2.10% |
| April | $1,428.10 | $1,556.00 | $1,428.10 | $1,556.00 | +8.14% |
| May | $1,556.70 | $1,556.70 | $1,479.80 | $1,535.90 | −1.29% |
| June | $1,542.40 | $1,552.90 | $1,496.00 | $1,502.30 | −2.19% |
| July | $1,482.30 | $1,628.30 | $1,482.30 | $1,628.30 | +8.39% |
| August | $1,619.00 | $1,888.70 | $1,619.00 | $1,828.50 | +12.30% |
| September | $1,826.00 | $1,873.70 | $1,592.50 | $1,620.40 | −11.38% |
| October | $1,656.00 | $1,746.70 | $1,611.90 | $1,724.20 | +6.41% |
| November | $1,711.00 | $1,798.40 | $1,678.30 | $1,745.50 | +1.24% |
| December | $1,735.30 | $1,747.00 | $1,539.90 | $1,565.80 | −10.30% |
Closing prices of the front-month COMEX gold futures contract. Intraday highs and lows are not included.
Gold in 2011: the year in review
Gold reached its peak of this cycle in late August and early September 2011, close to $1,900 an ounce, weeks after Standard & Poor’s downgraded the U.S. government’s credit rating on August 5. A sharp correction followed in the final months of the year.
In 2011, gold rose 10.2%, the 8th best result of the 11 calendar years since 2001. Its highest close, $1,888.70, came on August 22, and its lowest, $1,318.40, on January 27.
Gold finished higher in 7 of 12 months. The strongest month was August (+12.30%) and the weakest was September (−11.38%). The largest single-day gain of the year was 3.7% on August 8, and the largest drop was 5.8% on September 23.
Gold closed at a new all-time high on 37 trading days in 2011. 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 2011 questions
What was the price of gold in 2011?
Gold traded between $1,318.40 and $1,888.70 per troy ounce in 2011, based on daily closing prices. It closed the period at $1,565.80, and the average close was $1,572.14.
Did gold go up or down in 2011?
Gold rose 10.18% from the previous year-end close.
How does 2011 compare with a year earlier?
The year-end close of $1,565.80 is 10.2% higher than 2010.