Gold Price in August 2018
In August 2018, gold fell 1.9%, from $1,223.70 at the end of July to $1,200.30 per troy ounce on August 31, 2018. The highest close was $1,217.90 on August 1, 2018, the lowest $1,176.20 on August 16, 2018, and the average over 23 trading days was $1,199.95. Today's price is 244.2% higher than the August 2018 close.
Gold price chart, August 2018
US dollars per troy ounce · daily closeDaily Gold Prices, August 2018
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 1Wed | $1,217.90 | −0.47% | $39.16 | ₹26,821 | AED 143.79 |
| Aug 2Thu | $1,210.60 | −0.60% | $38.92 | ₹26,586 | AED 142.93 |
| Aug 3Fri | $1,214.20 | +0.30% | $39.04 | ₹26,786 | AED 143.35 |
| Aug 6Mon | $1,208.60 | −0.46% | $38.86 | ₹26,619 | AED 142.71 |
| Aug 7Tue | $1,209.60 | +0.08% | $38.89 | ₹26,760 | AED 142.81 |
| Aug 8Wed | $1,212.60 | +0.25% | $38.99 | ₹26,743 | AED 143.16 |
| Aug 9Thu | $1,211.90 | −0.06% | $38.96 | ₹26,672 | AED 143.08 |
| Aug 10Fri | $1,211.10 | −0.07% | $38.94 | ₹26,906 | AED 142.99 |
| Aug 13Mon | $1,191.30 | −1.63% | $38.30 | ₹26,460 | AED 140.67 |
| Aug 14Tue | $1,193.00 | +0.14% | $38.36 | ₹26,830 | AED 140.85 |
| Aug 15Wed | $1,177.50 | −1.30% | $37.86 | ₹26,481 | AED 139.02 |
| Aug 16Thu | $1,176.20 | −0.11% | $37.82 | ₹26,721 | AED 138.87 |
| Aug 17Fri | $1,176.50 | +0.03% | $37.83 | ₹26,480 | AED 138.90 |
| Aug 20Mon | $1,186.80 | +0.88% | $38.16 | ₹26,628 | AED 140.13 |
| Aug 21Tue | $1,192.60 | +0.49% | $38.34 | ₹26,740 | AED 140.80 |
| Aug 22Wed | $1,196.30 | +0.31% | $38.46 | ₹26,850 | AED 141.24 |
| Aug 23Thu | $1,187.00 | −0.78% | $38.16 | ₹26,634 | AED 140.14 |
| Aug 24Fri | $1,206.30 | +1.63% | $38.78 | ₹27,255 | AED 142.42 |
| Aug 27Mon | $1,209.00 | +0.22% | $38.87 | ₹27,118 | AED 142.75 |
| Aug 28Tue | $1,207.40 | −0.13% | $38.82 | ₹27,152 | AED 142.55 |
| Aug 29Wed | $1,204.50 | −0.24% | $38.73 | ₹27,317 | AED 142.21 |
| Aug 30Thu | $1,197.70 | −0.56% | $38.51 | ₹27,305 | AED 141.41 |
| Aug 31Fri | $1,200.30 | +0.22% | $38.59 | ₹27,556 | AED 141.71 |
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 2018: FAQ
What was the price of gold in August 2018?
Gold traded between $1,176.20 and $1,217.90 per troy ounce (daily closes) in August 2018, averaging $1,199.95. It closed the month at $1,200.30.
How much did gold go down in August 2018?
Gold fell 1.9%, from $1,223.70 to $1,200.30. The biggest daily rise was +1.6% on August 24, 2018 and the biggest fall −1.6% on August 13, 2018.
What was the gold price on August 1, 2018?
Gold closed at $1,217.90 per troy ounce on August 1, 2018, the first trading day of the month. 24K India, ₹ per 10 g: ₹26,821.
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.