Gold price archive · USD per troy ounce
Gold Price 2024
In 2024, gold closed between $2,004.30 and $2,800.80 per ounce, a change of +27.47% for the year.
- Open
- $2,073.40
- High close
- $2,800.80
- Low close
- $2,004.30
- Close
- $2,641.00
- Average
- $2,404.71
- Vs. 2023
- +27.47%
Gold prices by month, 2024
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| January | $2,073.40 | $2,073.40 | $2,006.50 | $2,048.40 | −1.13% |
| February | $2,071.10 | $2,071.10 | $2,004.30 | $2,054.70 | +0.31% |
| March | $2,095.70 | $2,217.40 | $2,095.70 | $2,217.40 | +7.92% |
| April | $2,257.10 | $2,413.80 | $2,257.10 | $2,302.90 | +3.86% |
| May | $2,311.00 | $2,438.50 | $2,308.60 | $2,322.90 | +0.87% |
| June | $2,369.30 | $2,390.90 | $2,313.20 | $2,339.60 | +0.72% |
| July | $2,338.90 | $2,467.80 | $2,333.40 | $2,426.50 | +3.71% |
| August | $2,480.80 | $2,560.30 | $2,431.60 | $2,527.60 | +4.17% |
| September | $2,523.00 | $2,694.90 | $2,523.00 | $2,659.40 | +5.21% |
| October | $2,690.30 | $2,800.80 | $2,626.00 | $2,749.30 | +3.38% |
| November | $2,749.20 | $2,749.70 | $2,570.10 | $2,657.00 | −3.36% |
| December | $2,658.50 | $2,756.70 | $2,608.10 | $2,641.00 | −0.60% |
Closing prices of the front-month COMEX gold futures contract. Intraday highs and lows are not included.
Gold in 2024: the year in review
Gold set a long series of record highs. The Federal Reserve began cutting interest rates in September 2024, and continued central-bank purchases and geopolitical tension kept demand high.
In 2024, gold rose 27.5%, the 3rd best result of the 24 calendar years since 2001. Its highest close, $2,800.80, came on October 30, and its lowest, $2,004.30, on February 14.
Gold finished higher in 9 of 12 months. The strongest month was March (+7.92%) and the weakest was November (−3.36%). The largest single-day gain of the year was 2.2% on August 1, and the largest drop was 3.5% on November 25.
Gold closed at a new all-time high on 45 trading days in 2024. 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 2024 questions
What was the price of gold in 2024?
Gold traded between $2,004.30 and $2,800.80 per troy ounce in 2024, based on daily closing prices. It closed the period at $2,641.00, and the average close was $2,404.71.
Did gold go up or down in 2024?
Gold rose 27.47% from the previous year-end close.
How does 2024 compare with a year earlier?
The year-end close of $2,641.00 is 27.5% higher than 2023.