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Gold Price in October 2001

In October 2001, gold fell 4.4%, from $292.40 at the end of September to $279.50 per troy ounce on October 31, 2001. The highest close was $292.40 on October 8, 2001, the lowest $275.50 on October 22, 2001, and the average over 23 trading days was $283.38. Today's price is 1,378.2% higher than the October 2001 close.

End of September
$292.40
Month-end close
$279.50
Oct 31
Change
−4.4%
High
$292.40
Oct 8
Low
$275.50
Oct 22
Average
$283.38
23 trading days

Gold price chart, October 2001

US dollars per troy ounce · daily close
$274$284$294Sep 28Oct 4Oct 10Oct 16Oct 19Oct 25Oct 31

Daily Gold Prices, October 2001

Closing price for every trading day.

DateClose (USD per oz)ChangeUSD per gram
Oct 1Mon$292.20−0.07% $9.39
Oct 2Tue$289.90−0.79% $9.32
Oct 3Wed$290.50+0.21% $9.34
Oct 4Thu$290.500.00% $9.34
Oct 5Fri$291.40+0.31% $9.37
Oct 8Mon$292.40+0.34% $9.40
Oct 9Tue$288.90−1.20% $9.29
Oct 10Wed$285.70−1.11% $9.19
Oct 11Thu$281.80−1.37% $9.06
Oct 12Fri$284.90+1.10% $9.16
Oct 15Mon$282.10−0.98% $9.07
Oct 16Tue$282.30+0.07% $9.08
Oct 17Wed$283.40+0.39% $9.11
Oct 18Thu$279.20−1.48% $8.98
Oct 19Fri$280.10+0.32% $9.01
Oct 22Mon$275.50−1.64% $8.86
Oct 23Tue$276.10+0.22% $8.88
Oct 24Wed$275.90−0.07% $8.87
Oct 25Thu$277.80+0.69% $8.93
Oct 26Fri$277.90+0.04% $8.93
Oct 29Mon$279.10+0.43% $8.97
Oct 30Tue$280.60+0.54% $9.02
Oct 31Wed$279.50−0.39% $8.99
Daily closing prices of COMEX front-month gold futures (US dollars per troy ounce), which track the spot price closely.

How October usually goes for gold

In the 20 years from 2006 to 2025, gold rose in October 12 times out of 20, with an average move of +0.6% and a median of +1.6%.

Gold in October 2001: FAQ

What was the price of gold in October 2001?

Gold traded between $275.50 and $292.40 per troy ounce (daily closes) in October 2001, averaging $283.38. It closed the month at $279.50.

How much did gold go down in October 2001?

Gold fell 4.4%, from $292.40 to $279.50. The biggest daily rise was +1.1% on October 12, 2001 and the biggest fall −1.6% on October 22, 2001.

What was the gold price on October 1, 2001?

Gold closed at $292.20 per troy ounce on October 1, 2001, the first trading day of the month.

Is October usually a good month for gold?

In the 20 years from 2006 to 2025, gold rose in October 12 times out of 20, with an average move of +0.6% and a median of +1.6%. Past seasonal patterns are not a reliable guide to any single year.