Gold Price in December 2011
In December 2011, gold fell 10.3%, from $1,745.50 at the end of November to $1,565.80 per troy ounce on December 30, 2011. The highest close was $1,747.00 on December 2, 2011, the lowest $1,539.90 on December 29, 2011, and the average over 21 trading days was $1,641.97. Today's price is 163.9% higher than the December 2011 close.
Gold price chart, December 2011
US dollars per troy ounce · daily closeDaily Gold Prices, December 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 |
|---|---|---|---|---|---|
| Dec 1Thu | $1,735.30 | −0.58% | $55.79 | ₹28,861 | AED 204.91 |
| Dec 2Fri | $1,747.00 | +0.67% | $56.17 | ₹28,814 | AED 206.29 |
| Dec 5Mon | $1,730.70 | −0.93% | $55.64 | ₹28,435 | AED 204.37 |
| Dec 6Tue | $1,727.90 | −0.16% | $55.55 | ₹28,443 | AED 204.04 |
| Dec 7Wed | $1,740.90 | +0.75% | $55.97 | ₹28,657 | AED 205.58 |
| Dec 8Thu | $1,709.80 | −1.79% | $54.97 | ₹28,365 | AED 201.90 |
| Dec 9Fri | $1,712.80 | +0.18% | $55.07 | ₹28,470 | AED 202.26 |
| Dec 12Mon | $1,664.20 | −2.84% | $53.51 | ₹27,752 | AED 196.51 |
| Dec 13Tue | $1,659.90 | −0.26% | $53.37 | ₹28,098 | AED 196.01 |
| Dec 14Wed | $1,584.30 | −4.55% | $50.94 | ₹27,047 | AED 187.08 |
| Dec 15Thu | $1,574.60 | −0.61% | $50.62 | ₹27,190 | AED 185.93 |
| Dec 16Fri | $1,595.60 | +1.33% | $51.30 | ₹27,297 | AED 188.42 |
| Dec 19Mon | $1,594.40 | −0.08% | $51.26 | ₹26,909 | AED 188.28 |
| Dec 20Tue | $1,615.60 | +1.33% | $51.94 | ₹27,374 | AED 190.78 |
| Dec 21Wed | $1,611.90 | −0.23% | $51.82 | ₹27,316 | AED 190.30 |
| Dec 22Thu | $1,608.90 | −0.19% | $51.73 | ₹27,102 | AED 189.99 |
| Dec 23Fri | $1,604.70 | −0.26% | $51.59 | ₹27,091 | AED 189.49 |
| Dec 27Tue | $1,594.20 | −0.65% | $51.25 | ₹27,011 | AED 188.25 |
| Dec 28Wed | $1,562.90 | −1.96% | $50.25 | ₹26,556 | AED 184.56 |
| Dec 29Thu | $1,539.90 | −1.47% | $49.51 | ₹26,170 | AED 181.84 |
| Dec 30Fri | $1,565.80 | +1.68% | $50.34 | ₹26,681 | AED 184.90 |
How December usually goes for gold
In the 20 years from 2006 to 2025, gold rose in December 12 times out of 20, with an average move of +1.0% and a median of +1.8%.
Gold in December 2011: FAQ
What was the price of gold in December 2011?
Gold traded between $1,539.90 and $1,747.00 per troy ounce (daily closes) in December 2011, averaging $1,641.97. It closed the month at $1,565.80.
How much did gold go down in December 2011?
Gold fell 10.3%, from $1,745.50 to $1,565.80. The biggest daily rise was +1.7% on December 30, 2011 and the biggest fall −4.6% on December 14, 2011.
What was the gold price on December 1, 2011?
Gold closed at $1,735.30 per troy ounce on December 1, 2011, the first trading day of the month. 24K India, ₹ per 10 g: ₹28,861.
Is December usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in December 12 times out of 20, with an average move of +1.0% and a median of +1.8%. Past seasonal patterns are not a reliable guide to any single year.