Gold in July: Every July Since 1971
Gold has risen in 32 of 56 Julys since 1971 (57%, against 55% for all months), with an average change of +0.8% and a median of +0.8%. Its best July was 2013 (+10.3%) and its worst 1976 (−9.1%). July ranks 8 of 12 by average change.
Gold in every July, 1971–2026
% change in the monthWhat happens in August after July
How often August rose after gold ended July higher or lower, compared with all months (55% rose).
After a higher July
InconclusiveAfter gold ends July higher, August has risen 63% of the time since 1971 (20 of 32), against 55% for all months, with an average change of +2.0% and a median of +1.1%: a difference, but too few cases to rule out chance.
After a lower July
InconclusiveAfter gold ends July lower, August has risen 54% of the time since 1971 (13 of 24), against 55% for all months, with an average change of −0.3% and a median of +0.2%: no meaningful pattern.
"Momentum" or "rebound" only when the share differs from all months by at least 5 percentage points, with at least 20 cases, and by more than chance would explain (95% confidence); otherwise "inconclusive". With one month a year, most single-month differences are within chance. The same figures for every month together: gold seasonality.
Gold in July, Year by Year
Month-end close and the change in July, with August next to it.
| Year | Close, end of July | July | August after |
|---|---|---|---|
| 2026 | $4,107 | +1.7% | +9.1% |
| 2025 | $3,293 | −0.4% | +6.8% |
| 2024 | $2,427 | +3.7% | +4.2% |
| 2023 | $1,971 | +2.1% | −0.2% |
| 2022 | $1,763 | −2.5% | −2.1% |
| 2021 | $1,813 | +2.3% | +0.3% |
| 2020 | $1,963 | +9.0% | +0.8% |
| 2019 | $1,426 | +1.2% | +6.5% |
| 2018 | $1,224 | −2.2% | −1.9% |
| 2017 | $1,269 | +2.2% | +4.1% |
| 2016 | $1,358 | +2.8% | −3.6% |
| 2015 | $1,095 | −6.5% | +3.4% |
| 2014 | $1,283 | −3.0% | +0.4% |
| 2013 | $1,315 | +10.3% | +6.1% |
| 2012 | $1,622 | +1.5% | +1.6% |
| 2011 | $1,629 | +8.2% | +11.4% |
| 2010 | $1,169 | −6.0% | +6.6% |
| 2009 | $939 | +0.5% | +1.4% |
| 2008 | $918 | −1.3% | −9.3% |
| 2007 | $666 | +2.3% | +1.0% |
| 2006 | $633 | +3.1% | −1.4% |
| 2005 | $429 | −1.9% | +1.0% |
| 2004 | $391 | −1.1% | +4.0% |
| 2003 | $355 | +2.5% | +5.9% |
| 2002 | $305 | −4.3% | +2.7% |
| 2001 | $266 | −1.7% | +2.7% |
| 2000 | $277 | −4.0% | +0.1% |
| 1999 | $256 | −2.1% | −0.3% |
| 1998 | $289 | −2.5% | −5.3% |
| 1997 | $326 | −2.5% | −0.3% |
| 1996 | $385 | +0.9% | +0.3% |
| 1995 | $383 | −1.0% | −0.3% |
| 1994 | $384 | −1.1% | +0.5% |
| 1993 | $402 | +6.2% | −7.5% |
| 1992 | $358 | +4.2% | −5.0% |
| 1991 | $363 | −1.5% | −4.3% |
| 1990 | $372 | +5.7% | +4.1% |
| 1989 | $368 | −1.3% | −2.3% |
| 1988 | $437 | +0.1% | −2.1% |
| 1987 | $463 | +3.4% | −2.0% |
| 1986 | $358 | +3.1% | +7.6% |
| 1985 | $328 | +3.1% | +1.8% |
| 1984 | $342 | −8.2% | +1.7% |
| 1983 | $422 | +1.4% | −1.8% |
| 1982 | $343 | +8.0% | +20.0% |
| 1981 | $406 | −4.7% | +4.7% |
| 1980 | $614 | −6.0% | +2.8% |
| 1979 | $296 | +6.8% | +6.3% |
| 1978 | $200 | +9.4% | +4.2% |
| 1977 | $144 | +0.8% | +1.3% |
| 1976 | $113 | −9.1% | −7.6% |
| 1975 | $167 | +0.3% | −4.1% |
| 1974 | $156 | +8.1% | 0.0% |
| 1973 | $116 | −6.2% | −10.5% |
| 1972 | $68.30 | +5.6% | −2.1% |
| 1971 | $42.40 | +5.7% | −4.1% |
Gold by Month
Gold in July: FAQ
Is July a good month for gold?
Gold has risen in 57% of Julys since 1971 (32 of 56), against 55% for all months, with an average change of +0.8%. July ranks 8 of 12 months by average change. In the last 10 years it rose 7 times. Seasonal patterns are not a reliable guide to any single year.
What was gold's best July?
2013, when gold rose 10.3%. The worst was 1976 (−9.1%).
What happens to gold in August after a higher July?
After gold ends July higher, August has risen 63% of the time since 1971 (20 of 32), against 55% for all months, with an average change of +2.0% and a median of +1.1%: a difference, but too few cases to rule out chance.
What happens to gold in August after a lower July?
After gold ends July lower, August has risen 54% of the time since 1971 (13 of 24), against 55% for all months, with an average change of −0.3% and a median of +0.2%: no meaningful pattern.
History, not advice: past monthly patterns do not predict any single month. Data to 26 October 2026.
Cite this page
For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano2026goldinjulyevery, author = {{Corgano}}, title = {Gold in July: every July since 1971}, howpublished = {\url{https://goldprice.corgano.com/gold-in-july}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-27}}