Gold price archive · USD per troy ounce
Gold Price 2020
In 2020, gold closed between $1,477.30 and $2,069.40 per ounce, a change of +24.72% for the year.
- Open
- $1,524.50
- High close
- $2,069.40
- Low close
- $1,477.30
- Close
- $1,895.10
- Average
- $1,776.81
- Vs. 2019
- +24.72%
Gold prices by month, 2020
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| January | $1,524.50 | $1,583.50 | $1,524.50 | $1,582.90 | +4.17% |
| February | $1,577.20 | $1,672.40 | $1,550.40 | $1,564.10 | −1.19% |
| March | $1,592.30 | $1,674.50 | $1,477.30 | $1,583.40 | +1.23% |
| April | $1,578.20 | $1,756.70 | $1,578.20 | $1,684.20 | +6.37% |
| May | $1,694.50 | $1,753.40 | $1,684.20 | $1,751.70 | +4.01% |
| June | $1,750.30 | $1,800.50 | $1,683.00 | $1,800.50 | +2.79% |
| July | $1,779.90 | $1,962.80 | $1,779.90 | $1,962.80 | +9.01% |
| August | $1,966.00 | $2,069.40 | $1,923.10 | $1,978.60 | +0.80% |
| September | $1,978.90 | $1,978.90 | $1,866.30 | $1,895.50 | −4.20% |
| October | $1,916.30 | $1,929.50 | $1,868.00 | $1,879.90 | −0.82% |
| November | $1,892.50 | $1,951.70 | $1,775.70 | $1,775.70 | −5.54% |
| December | $1,814.10 | $1,895.10 | $1,814.10 | $1,895.10 | +6.72% |
Closing prices of the front-month COMEX gold futures contract. Intraday highs and lows are not included.
Gold in 2020: the year in review
The COVID-19 pandemic caused a brief, violent sell-off in March 2020 as investors raised cash. Massive monetary and fiscal support followed, and gold rose above $2,000 an ounce for the first time in early August 2020.
In 2020, gold rose 24.7%, the 4th best result of the 20 calendar years since 2001. Its highest close, $2,069.40, came on August 6, and its lowest, $1,477.30, on March 18.
Gold finished higher in 8 of 12 months. The strongest month was July (+9.01%) and the weakest was November (−5.54%). The largest single-day gain of the year was 5.9% on March 24, and the largest drop was 5.0% on November 9.
Gold closed at a new all-time high on 10 trading days in 2020. 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 2020 questions
What was the price of gold in 2020?
Gold traded between $1,477.30 and $2,069.40 per troy ounce in 2020, based on daily closing prices. It closed the period at $1,895.10, and the average close was $1,776.81.
Did gold go up or down in 2020?
Gold rose 24.72% from the previous year-end close.
How does 2020 compare with a year earlier?
The year-end close of $1,895.10 is 24.7% higher than 2019.