Gold Price in August 2011
In August 2011, gold rose 12.3%, from $1,628.30 at the end of July to $1,828.50 per troy ounce on August 31, 2011. The highest close was $1,888.70 on August 22, 2011, the lowest $1,619.00 on August 1, 2011, and the average over 23 trading days was $1,758.49. Today's price is 121.1% higher than the August 2011 close.
Gold price chart, August 2011
US dollars per troy ounce · daily closeDaily Gold Prices, August 2011
Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.
| Date | Close (USD per oz) | Change | USD per gram | 24K India, ₹ per 10 g | 24K UAE, AED per gram |
|---|---|---|---|---|---|
| Aug 1Mon | $1,619.00 | −0.57% | $52.05 | ₹23,009 | AED 191.13 |
| Aug 2Tue | $1,641.90 | +1.41% | $52.79 | ₹23,260 | AED 193.83 |
| Aug 3Wed | $1,663.40 | +1.31% | $53.48 | ₹23,672 | AED 196.37 |
| Aug 4Thu | $1,656.20 | −0.43% | $53.25 | ₹23,596 | AED 195.52 |
| Aug 5Fri | $1,648.80 | −0.45% | $53.01 | ₹23,623 | AED 194.66 |
| Aug 8Mon | $1,710.20 | +3.72% | $54.98 | ₹24,596 | AED 201.90 |
| Aug 9Tue | $1,740.00 | +1.74% | $55.94 | ₹25,176 | AED 205.42 |
| Aug 10Wed | $1,781.30 | +2.37% | $57.27 | ₹25,888 | AED 210.29 |
| Aug 11Thu | $1,748.80 | −1.82% | $56.23 | ₹25,441 | AED 206.46 |
| Aug 12Fri | $1,740.20 | −0.49% | $55.95 | ₹25,341 | AED 205.44 |
| Aug 15Mon | $1,755.50 | +0.88% | $56.44 | ₹25,620 | AED 207.24 |
| Aug 16Tue | $1,782.40 | +1.53% | $57.31 | ₹25,921 | AED 210.42 |
| Aug 17Wed | $1,791.20 | +0.49% | $57.59 | ₹26,060 | AED 211.46 |
| Aug 18Thu | $1,818.90 | +1.55% | $58.48 | ₹26,493 | AED 214.79 |
| Aug 19Fri | $1,848.90 | +1.65% | $59.44 | ₹27,172 | AED 218.33 |
| Aug 22Mon | $1,888.70 | +2.15% | $60.72 | ₹27,728 | AED 223.03 |
| Aug 23Tue | $1,858.30 | −1.61% | $59.75 | ₹27,250 | AED 219.44 |
| Aug 24Wed | $1,754.10 | −5.61% | $56.40 | ₹25,683 | AED 207.14 |
| Aug 25Thu | $1,759.80 | +0.32% | $56.58 | ₹25,992 | AED 207.79 |
| Aug 26Fri | $1,794.10 | +1.95% | $57.68 | ₹26,539 | AED 211.83 |
| Aug 29Mon | $1,788.40 | −0.32% | $57.50 | ₹26,537 | AED 211.16 |
| Aug 30Tue | $1,826.70 | +2.14% | $58.73 | ₹26,928 | AED 215.68 |
| Aug 31Wed | $1,828.50 | +0.10% | $58.79 | ₹27,007 | AED 215.89 |
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 2011: FAQ
What was the price of gold in August 2011?
Gold traded between $1,619.00 and $1,888.70 per troy ounce (daily closes) in August 2011, averaging $1,758.49. It closed the month at $1,828.50.
How much did gold go up in August 2011?
Gold rose 12.3%, from $1,628.30 to $1,828.50. The biggest daily rise was +3.7% on August 8, 2011 and the biggest fall −5.6% on August 24, 2011.
What was the gold price on August 1, 2011?
Gold closed at $1,619.00 per troy ounce on August 1, 2011, the first trading day of the month. 24K India, ₹ per 10 g: ₹23,009.
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.