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Gold Price in August 2022

In August 2022, gold fell 2.1%, from $1,762.90 at the end of July to $1,726.20 per troy ounce on August 31, 2022. The highest close was $1,815.50 on August 12, 2022, the lowest $1,726.20 on August 31, 2022, and the average over 23 trading days was $1,778.65. Today's price is 134.0% higher than the August 2022 close.

End of July
$1,762.90
Month-end close
$1,726.20
Aug 31
Change
−2.1%
High
$1,815.50
Aug 12
Low
$1,726.20
Aug 31
Average
$1,778.65
23 trading days

Gold price chart, August 2022

US dollars per troy ounce · daily close
$1,719$1,771$1,823Jul 29Aug 4Aug 10Aug 16Aug 19Aug 25Aug 31

Daily Gold Prices, August 2022

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 1Mon$1,787.70+1.41% $57.48 ₹45,518AED 211.09
Aug 2Tue$1,789.70+0.11% $57.54 ₹45,431AED 211.29
Aug 3Wed$1,776.40−0.74% $57.11 ₹44,893AED 209.72
Aug 4Thu$1,806.90+1.72% $58.09 ₹45,962AED 213.32
Aug 5Fri$1,791.20−0.87% $57.59 ₹45,584AED 211.47
Aug 8Mon$1,805.20+0.78% $58.04 ₹46,089AED 213.15
Aug 9Tue$1,812.30+0.39% $58.27 ₹46,381AED 213.96
Aug 10Wed$1,813.70+0.08% $58.31 ₹46,404AED 214.13
Aug 11Thu$1,807.20−0.36% $58.10 ₹45,958AED 213.36
Aug 12Fri$1,815.50+0.46% $58.37 ₹46,470AED 214.34
Aug 15Mon$1,798.10−0.96% $57.81 ₹46,033AED 212.29
Aug 16Tue$1,789.70−0.47% $57.54 ₹45,775AED 211.29
Aug 17Wed$1,776.70−0.73% $57.12 ₹45,210AED 209.76
Aug 18Thu$1,771.20−0.31% $56.95 ₹45,192AED 209.11
Aug 19Fri$1,762.90−0.47% $56.68 ₹45,211AED 208.13
Aug 22Mon$1,748.40−0.82% $56.21 ₹44,924AED 206.43
Aug 23Tue$1,761.20+0.73% $56.62 ₹45,233AED 207.93
Aug 24Wed$1,761.50+0.02% $56.63 ₹45,224AED 207.96
Aug 25Thu$1,771.40+0.56% $56.95 ₹45,446AED 209.13
Aug 26Fri$1,749.80−1.22% $56.26 ₹44,940AED 206.58
Aug 29Mon$1,749.70−0.01% $56.25 ₹44,980AED 206.60
Aug 30Tue$1,736.30−0.77% $55.82 ₹44,641AED 204.99
Aug 31Wed$1,726.20−0.58% $55.50 ₹44,223AED 203.80
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 2022: FAQ

What was the price of gold in August 2022?

Gold traded between $1,726.20 and $1,815.50 per troy ounce (daily closes) in August 2022, averaging $1,778.65. It closed the month at $1,726.20.

How much did gold go down in August 2022?

Gold fell 2.1%, from $1,762.90 to $1,726.20. The biggest daily rise was +1.7% on August 4, 2022 and the biggest fall −1.2% on August 26, 2022.

What was the gold price on August 1, 2022?

Gold closed at $1,787.70 per troy ounce on August 1, 2022, the first trading day of the month. 24K India, ₹ per 10 g: ₹45,518.

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.