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Gold Price in August 2001

In August 2001, gold rose 3.1%, from $266.20 at the end of July to $274.40 per troy ounce on August 31, 2001. The highest close was $279.30 on August 17, 2001, the lowest $267.10 on August 6, 2001, and the average over 23 trading days was $272.90. Today's price is 1,371.9% higher than the August 2001 close.

End of July
$266.20
Month-end close
$274.40
Aug 31
Change
+3.1%
High
$279.30
Aug 17
Low
$267.10
Aug 6
Average
$272.90
23 trading days

Gold price chart, August 2001

US dollars per troy ounce · daily close
$265$273$280Jul 31Aug 6Aug 10Aug 16Aug 21Aug 27Aug 31

Daily Gold Prices, August 2001

Closing price for every trading day.

DateClose (USD per oz)ChangeUSD per gram
Aug 1Wed$267.40+0.45% $8.60
Aug 2Thu$267.400.00% $8.60
Aug 3Fri$267.90+0.19% $8.61
Aug 6Mon$267.10−0.30% $8.59
Aug 7Tue$267.20+0.04% $8.59
Aug 8Wed$267.90+0.26% $8.61
Aug 9Thu$273.40+2.05% $8.79
Aug 10Fri$273.90+0.18% $8.81
Aug 13Mon$275.70+0.66% $8.86
Aug 14Tue$276.30+0.22% $8.88
Aug 15Wed$275.70−0.22% $8.86
Aug 16Thu$275.20−0.18% $8.85
Aug 17Fri$279.30+1.49% $8.98
Aug 20Mon$276.10−1.15% $8.88
Aug 21Tue$275.00−0.40% $8.84
Aug 22Wed$274.90−0.04% $8.84
Aug 23Thu$275.30+0.15% $8.85
Aug 24Fri$272.50−1.02% $8.76
Aug 27Mon$272.60+0.04% $8.76
Aug 28Tue$272.30−0.11% $8.75
Aug 29Wed$273.70+0.51% $8.80
Aug 30Thu$275.40+0.62% $8.85
Aug 31Fri$274.40−0.36% $8.82
Daily closing prices of COMEX front-month gold futures (US dollars per troy ounce), which track the spot price closely.

How August usually goes for gold

In the 20 years from 2006 to 2025, gold rose in August 13 times out of 20, with an average move of +1.9% and a median of +0.9%.

Gold in August 2001: FAQ

What was the price of gold in August 2001?

Gold traded between $267.10 and $279.30 per troy ounce (daily closes) in August 2001, averaging $272.90. It closed the month at $274.40.

How much did gold go up in August 2001?

Gold rose 3.1%, from $266.20 to $274.40. The biggest daily rise was +2.1% on August 9, 2001 and the biggest fall −1.1% on August 20, 2001.

What was the gold price on August 1, 2001?

Gold closed at $267.40 per troy ounce on August 1, 2001, the first trading day of the month.

Is August usually a good month for gold?

In the 20 years from 2006 to 2025, gold rose in August 13 times out of 20, with an average move of +1.9% and a median of +0.9%. Past seasonal patterns are not a reliable guide to any single year.