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Gold Price in August 2012

In August 2012, gold rose 4.6%, from $1,610.50 at the end of July to $1,684.60 per troy ounce on August 31, 2012. The highest close was $1,684.60 on August 31, 2012, the lowest $1,587.40 on August 2, 2012, and the average over 23 trading days was $1,629.92. Today's price is 145.3% higher than the August 2012 close.

End of July
$1,610.50
Month-end close
$1,684.60
Aug 31
Change
+4.6%
High
$1,684.60
Aug 31
Low
$1,587.40
Aug 2
Average
$1,629.92
23 trading days

Gold price chart, August 2012

US dollars per troy ounce · daily close
$1,580$1,636$1,692Jul 31Aug 6Aug 10Aug 16Aug 21Aug 27Aug 31

Daily Gold Prices, August 2012

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
Aug 1Wed$1,603.70−0.42% $51.56 ₹28,692AED 189.33
Aug 2Thu$1,587.40−1.02% $51.04 ₹28,309AED 187.41
Aug 3Fri$1,606.00+1.17% $51.63 ₹28,831AED 189.61
Aug 6Mon$1,612.90+0.43% $51.86 ₹28,909AED 190.42
Aug 7Tue$1,609.70−0.20% $51.75 ₹28,732AED 190.04
Aug 8Wed$1,612.90+0.20% $51.86 ₹28,553AED 190.42
Aug 9Thu$1,617.10+0.26% $51.99 ₹28,812AED 190.91
Aug 10Fri$1,619.70+0.16% $52.07 ₹28,781AED 191.22
Aug 13Mon$1,609.60−0.62% $51.75 ₹28,606AED 190.03
Aug 14Tue$1,599.40−0.63% $51.42 ₹28,456AED 188.82
Aug 15Wed$1,603.70+0.27% $51.56 ₹28,692AED 189.33
Aug 16Thu$1,616.10+0.77% $51.96 ₹28,914AED 190.79
Aug 17Fri$1,616.30+0.01% $51.97 ₹28,902AED 190.82
Aug 20Mon$1,620.10+0.24% $52.09 ₹29,027AED 191.27
Aug 21Tue$1,639.90+1.22% $52.72 ₹29,261AED 193.60
Aug 22Wed$1,637.40−0.15% $52.64 ₹29,145AED 193.31
Aug 23Thu$1,669.60+1.97% $53.68 ₹29,788AED 197.11
Aug 24Fri$1,669.80+0.01% $53.69 ₹29,665AED 197.14
Aug 27Mon$1,672.40+0.16% $53.77 ₹29,841AED 197.44
Aug 28Tue$1,666.50−0.35% $53.58 ₹29,837AED 196.74
Aug 29Wed$1,659.80−0.40% $53.36 ₹29,704AED 195.96
Aug 30Thu$1,653.50−0.38% $53.16 ₹29,570AED 195.21
Aug 31Fri$1,684.60+1.88% $54.16 ₹30,129AED 198.88
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 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 2012: FAQ

What was the price of gold in August 2012?

Gold traded between $1,587.40 and $1,684.60 per troy ounce (daily closes) in August 2012, averaging $1,629.92. It closed the month at $1,684.60.

How much did gold go up in August 2012?

Gold rose 4.6%, from $1,610.50 to $1,684.60. The biggest daily rise was +2.0% on August 23, 2012 and the biggest fall −1.0% on August 2, 2012.

What was the gold price on August 1, 2012?

Gold closed at $1,603.70 per troy ounce on August 1, 2012, the first trading day of the month. 24K India, ₹ per 10 g: ₹28,692.

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.