Gold price archive · USD per troy ounce
Gold Price August 2024
In August 2024, gold closed between $2,431.60 and $2,560.30 per ounce, a change of +4.17% for the month.
- Open
- $2,480.80
- High close
- $2,560.30
- Low close
- $2,431.60
- Close
- $2,527.60
- Average
- $2,506.98
- Vs. August 2023
- +28.57%
Daily gold prices, August 2024
| Date | Close (USD/oz) | Per gram | Daily change |
|---|---|---|---|
| Fri, Aug 30 | $2,527.60 | $81.26 | −1.28% |
| Thu, Aug 29 | $2,560.30 | $82.32 | +0.89% |
| Wed, Aug 28 | $2,537.80 | $81.59 | −0.59% |
| Tue, Aug 27 | $2,552.90 | $82.08 | −0.09% |
| Mon, Aug 26 | $2,555.20 | $82.15 | +0.35% |
| Fri, Aug 23 | $2,546.30 | $81.87 | +1.18% |
| Thu, Aug 22 | $2,516.70 | $80.91 | −1.21% |
| Wed, Aug 21 | $2,547.50 | $81.90 | −0.12% |
| Tue, Aug 20 | $2,550.60 | $82.00 | +0.37% |
| Mon, Aug 19 | $2,541.30 | $81.70 | +0.14% |
| Fri, Aug 16 | $2,537.80 | $81.59 | +1.82% |
| Thu, Aug 15 | $2,492.40 | $80.13 | +0.51% |
| Wed, Aug 14 | $2,479.70 | $79.72 | −1.12% |
| Tue, Aug 13 | $2,507.80 | $80.63 | +0.15% |
| Mon, Aug 12 | $2,504.00 | $80.51 | +1.24% |
| Fri, Aug 9 | $2,473.40 | $79.52 | +0.41% |
| Thu, Aug 8 | $2,463.30 | $79.20 | +1.27% |
| Wed, Aug 7 | $2,432.40 | $78.20 | +0.03% |
| Tue, Aug 6 | $2,431.60 | $78.18 | −0.52% |
| Mon, Aug 5 | $2,444.40 | $78.59 | −1.03% |
| Fri, Aug 2 | $2,469.80 | $79.41 | −0.44% |
| Thu, Aug 1 | $2,480.80 | $79.76 | +2.24% |
Closing prices of the front-month COMEX gold futures contract. Intraday highs and lows are not included.
What happened to gold in August 2024
In August 2024, gold gained 4.2% against the previous month’s final close, with its highest close of $2,560.30 on August 29 and its lowest close of $2,431.60 on August 6. Across 22 trading days, gold closed higher on 13 and lower on 9. The biggest one-day gain was 2.2% on Thursday, August 1, and the steepest drop was 1.3% on Friday, August 30.
Gold set 8 new record closing highs during August 2024, beating every earlier close in the data since 2000.
Seasonally, August has been a positive month for gold on average: across 23 earlier years since 2001, the average August change was +1.96%, and gold rose in 16 of them. This August ranks 8th of 24 by performance.
By the end of August 2024, gold was up 22.0% for 2024 to date. See the 2024 overview for every month of the year.
Figures use daily closing prices of the front-month COMEX gold futures contract, U.S. Eastern Time. See how we calculate prices.
Gold price August 2024 questions
What was the price of gold in August 2024?
Gold traded between $2,431.60 and $2,560.30 per troy ounce in August 2024, based on daily closing prices. It closed the period at $2,527.60, and the average close was $2,506.98.
Did gold go up or down in August 2024?
Gold rose 4.17% from the previous month-end close.
How does August 2024 compare with a year earlier?
The month-end close of $2,527.60 is 28.6% higher than August 2023.