Gold price archive · USD per troy ounce
Gold Price 2018
In 2018, gold closed between $1,176.20 and $1,362.40 per ounce, a change of −2.14% for the year.
- Open
- $1,313.70
- High close
- $1,362.40
- Low close
- $1,176.20
- Close
- $1,278.30
- Average
- $1,267.60
- Vs. 2017
- −2.14%
Gold prices by month, 2018
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| January | $1,313.70 | $1,362.40 | $1,311.70 | $1,339.00 | +2.50% |
| February | $1,344.30 | $1,355.50 | $1,311.60 | $1,315.50 | −1.76% |
| March | $1,302.90 | $1,354.40 | $1,302.90 | $1,322.80 | +0.55% |
| April | $1,342.10 | $1,356.50 | $1,316.20 | $1,316.20 | −0.50% |
| May | $1,303.80 | $1,320.80 | $1,288.20 | $1,300.10 | −1.22% |
| June | $1,294.80 | $1,304.00 | $1,247.80 | $1,251.30 | −3.75% |
| July | $1,239.80 | $1,258.10 | $1,221.30 | $1,223.70 | −2.21% |
| August | $1,217.90 | $1,217.90 | $1,176.20 | $1,200.30 | −1.91% |
| September | $1,192.70 | $1,206.20 | $1,182.30 | $1,191.50 | −0.73% |
| October | $1,187.10 | $1,233.40 | $1,184.40 | $1,212.30 | +1.75% |
| November | $1,236.00 | $1,236.00 | $1,199.20 | $1,220.20 | +0.65% |
| December | $1,233.90 | $1,279.90 | $1,233.90 | $1,278.30 | +4.76% |
Closing prices of the front-month COMEX gold futures contract. Intraday highs and lows are not included.
Gold in 2018: the year in review
The Fed raised rates four times in 2018 and the dollar strengthened through the summer, sending gold lower until August. A stock market sell-off late in the year brought buyers back.
In 2018, gold fell 2.1%, the 16th best result of the 18 calendar years since 2001. Its highest close, $1,362.40, came on January 25, and its lowest, $1,176.20, on August 16.
Gold finished higher in 5 of 12 months. The strongest month was December (+4.76%) and the weakest was June (−3.75%). The largest single-day gain of the year was 2.9% on October 11, and the largest drop was 2.3% on June 15.
Gold did not set a new record close in 2018; its best close was 27.9% below the record that stood at the time.
Figures use daily closing prices of the front-month COMEX gold futures contract, U.S. Eastern Time. See how we calculate prices.
Gold price 2018 questions
What was the price of gold in 2018?
Gold traded between $1,176.20 and $1,362.40 per troy ounce in 2018, based on daily closing prices. It closed the period at $1,278.30, and the average close was $1,267.60.
Did gold go up or down in 2018?
Gold fell 2.14% from the previous year-end close.
How does 2018 compare with a year earlier?
The year-end close of $1,278.30 is 2.1% lower than 2017.