Gold Price in September 2000
In September 2000, gold fell 1.7%, from $278.30 at the end of August to $273.60 per troy ounce on September 29, 2000. The highest close was $278.40 on September 27, 2000, the lowest $269.00 on September 20, 2000, and the average over 20 trading days was $273.39. Today's price is 1,370.8% higher than the September 2000 close.
- Gold fell 1.7% in US dollars in September 2000.
- Measured in other currencies, the change ranged from −0.3% in JPY to −0.3% in JPY, because exchange rates moved too.
- It did better than silver (−2.1%) and US stocks (−5.3%).
- It closed higher on 5 trading days and lower on 15, with an average daily move of 0.45%.
- At the end of the month it was 1.7% below its highest close since 2000.
- Gold/silver ratio: 55.6 → 55.8.
Gold price chart, September 2000
US dollars per troy ounce · daily closeGold in other currencies, September 2000
| Currency | Change in the month |
|---|---|
| JPY | −0.3% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes gold rise more in local terms.
Gold vs other assets, September 2000
| Asset | Change (USD) |
|---|---|
| Gold | −1.7% |
| Silver | −2.1% |
| S&P 500 (with dividends) | −5.3% |
| US inflation (CPI, month) | +0.52% |
| Gold/silver ratio | 55.6 → 55.8 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Key Events in September 2000
- Friday, September 22ECB, Fed, Bank of Japan, Bank of England and Bank of Canada jointly buy euros to support the currency. SourceGold: +0.6% that day
Daily Gold Prices, September 2000
Closing price for every trading day.
| Date | Close (USD per oz) | Change | USD per gram |
|---|---|---|---|
| Sep 1Fri | $277.00 | −0.47% | $8.91 |
| Sep 5Tue | $275.80 | −0.43% | $8.87 |
| Sep 6Wed | $274.20 | −0.58% | $8.82 |
| Sep 7Thu | $274.00 | −0.07% | $8.81 |
| Sep 8Fri | $273.30 | −0.26% | $8.79 |
| Sep 11Mon | $273.10 | −0.07% | $8.78 |
| Sep 12Tue | $272.90 | −0.07% | $8.77 |
| Sep 13Wed | $272.80 | −0.04% | $8.77 |
| Sep 14Thu | $272.40 | −0.15% | $8.76 |
| Sep 15Fri | $272.30 | −0.04% | $8.75 |
| Sep 18Mon | $271.40 | −0.33% | $8.73 |
| Sep 19Tue | $271.90 | +0.18% | $8.74 |
| Sep 20Wed | $269.00 | −1.07% | $8.65 |
| Sep 21Thu | $270.30 | +0.48% | $8.69 |
| Sep 22Fri | $271.80 | +0.55% | $8.74 |
| Sep 25Mon | $274.10 | +0.85% | $8.81 |
| Sep 26Tue | $273.90 | −0.07% | $8.81 |
| Sep 27Wed | $278.40 | +1.64% | $8.95 |
| Sep 28Thu | $275.60 | −1.01% | $8.86 |
| Sep 29Fri | $273.60 | −0.73% | $8.80 |
How September usually goes for gold
In the 20 years from 2006 to 2025, gold rose in September 8 times out of 20, with an average move of −0.2% and a median of −2.0%.
Gold in September 2000: FAQ
What was the price of gold in September 2000?
Gold traded between $269.00 and $278.40 per troy ounce (daily closes) in September 2000, averaging $273.39. It closed the month at $273.60.
How much did gold go down in September 2000?
Gold fell 1.7%, from $278.30 to $273.60. The biggest daily rise was +1.6% on September 27, 2000 and the biggest fall −1.1% on September 20, 2000.
What was the gold price on September 1, 2000?
Gold closed at $277.00 per troy ounce on September 1, 2000, the first trading day of the month.
Is September usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in September 8 times out of 20, with an average move of −0.2% and a median of −2.0%. Past seasonal patterns are not a reliable guide to any single year.
Did gold beat stocks in September 2000?
Yes. Gold was −1.7% for the month, against −5.3% for the S&P 500 with dividends.
Did gold keep up with inflation in September 2000?
US consumer prices (CPI) changed +0.52% in September, so gold's real (inflation-adjusted) change was about −2.2%.