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Gold Price in October 2011

In October 2011, gold rose 6.4%, from $1,620.40 at the end of September to $1,724.20 per troy ounce on October 31, 2011. The highest close was $1,746.70 on October 27, 2011, the lowest $1,611.90 on October 20, 2011, and the average over 21 trading days was $1,669.91. Today's price is 139.6% higher than the October 2011 close.

End of September
$1,620.40
Month-end close
$1,724.20
Oct 31
Change
+6.4%
High
$1,746.70
Oct 27
Low
$1,611.90
Oct 20
Average
$1,669.91
21 trading days

Gold price chart, October 2011

US dollars per troy ounce · daily close
$1,601$1,679$1,757Sep 30Oct 6Oct 11Oct 17Oct 20Oct 26Oct 31

Daily Gold Prices, October 2011

Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.

DateClose (USD per oz)ChangeUSD per gram24K India, ₹ per 10 g24K UAE, AED per gram
Oct 3Mon$1,656.00+2.20% $53.24 ₹26,115AED 195.55
Oct 4Tue$1,614.70−2.49% $51.91 ₹25,490AED 190.63
Oct 5Wed$1,640.30+1.59% $52.74 ₹26,001AED 193.69
Oct 6Thu$1,651.90+0.71% $53.11 ₹26,103AED 195.07
Oct 7Fri$1,634.50−1.05% $52.55 ₹25,771AED 193.01
Oct 10Mon$1,669.60+2.15% $53.68 ₹26,245AED 197.11
Oct 11Tue$1,659.70−0.59% $53.36 ₹26,047AED 195.93
Oct 12Wed$1,681.30+1.30% $54.06 ₹26,616AED 198.54
Oct 13Thu$1,667.30−0.83% $53.60 ₹26,218AED 196.88
Oct 14Fri$1,681.80+0.87% $54.07 ₹26,603AED 198.59
Oct 17Mon$1,675.50−0.37% $53.87 ₹26,338AED 197.85
Oct 18Tue$1,651.70−1.42% $53.10 ₹25,968AED 195.04
Oct 19Wed$1,646.00−0.35% $52.92 ₹26,058AED 194.37
Oct 20Thu$1,611.90−2.07% $51.82 ₹25,399AED 190.34
Oct 21Fri$1,635.10+1.44% $52.57 ₹26,211AED 193.08
Oct 24Mon$1,651.50+1.00% $53.10 ₹26,454AED 195.02
Oct 25Tue$1,699.60+2.91% $54.64 ₹27,076AED 200.69
Oct 26Wed$1,722.70+1.36% $55.39 ₹27,366AED 203.42
Oct 27Thu$1,746.70+1.39% $56.16 ₹27,719AED 206.26
Oct 28Fri$1,746.20−0.03% $56.14 ₹27,953AED 206.20
Oct 31Mon$1,724.20−1.26% $55.43 ₹26,957AED 203.55
Daily closing prices of COMEX front-month gold futures (US dollars per troy ounce), which track the spot price closely. Local-currency columns are the US-dollar close × that day's exchange rate — the value of the metal before local taxes and premiums.

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 2011: FAQ

What was the price of gold in October 2011?

Gold traded between $1,611.90 and $1,746.70 per troy ounce (daily closes) in October 2011, averaging $1,669.91. It closed the month at $1,724.20.

How much did gold go up in October 2011?

Gold rose 6.4%, from $1,620.40 to $1,724.20. The biggest daily rise was +2.9% on October 25, 2011 and the biggest fall −2.5% on October 4, 2011.

What was the gold price on October 3, 2011?

Gold closed at $1,656.00 per troy ounce on October 3, 2011, the first trading day of the month. 24K India, ₹ per 10 g: ₹26,115.

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.