Gold Price in 2001

The gold price rose 0.7% in 2001, from $274.45 at the end of 2000 to $276.50. Its highest close was $293.25 on Sep 17, and its lowest $255.95 on Apr 2. The biggest one-day fall was −3.4% on May 25 and the biggest rise +6.7% on May 21. Adjusted for inflation, it lost 0.8%.

Daily COMEX prices, the year in 12 currencies and festival prices: Gold Price in 2001 →

Change in 2001

+0.7%

$274.45 → $276.50

High

$293.25

Sep 17

Low

$255.95

Apr 2

After inflation

−0.8%

US CPI

Up days

117 of 256

longest run 6 up, 6 down

Below record

-67.5%

at the end of 2001

Gold Price, daily closes 2001

Numbers mark the events below

Key Events in 2001

What happened, and how the Gold moved — on the day (or the next trading day) and about a month later.

1
Friday, February 9 From the data

Enters a bear market: 20% below its peak of $325.50 (October 5, 1999).
2
Monday, April 2 From the data

Bear market low: $255.95, 21.4% below the peak.
3
Monday, May 21 From the data

Biggest one-day rise of the year: +6.7%.
4
Friday, May 25 From the data

Biggest one-day fall of the year: −3.4%.
5
Tuesday, September 11

Terrorist attacks hit New York and Washington; US stock exchanges close. Source

Gold: +5.7% that day · +6.8% a month later
6
Tuesday, December 11

China becomes a member of the World Trade Organization. Source

Gold: −0.2% that day · +4.8% a month later

Biggest days of 2001

Best days		Worst days
May 21	+6.7%	May 25	−3.4%
Sep 11	+5.7%	Sep 12	−2.8%
Sep 17	+2.6%	May 22	−2.4%
Mar 9	+2.3%	Mar 14	−2.0%
Aug 10	+2.1%	Jun 28	−1.9%

Volatility: 14.8% (annualised standard deviation of daily changes).

Month by month

Month	Close	Change	High	Low
Jan	$264.50	−3.6%	$271.10	$262.85
Feb	$266.70	+0.8%	$268.30	$256.25
Mar	$257.70	−3.4%	$272.50	$257.70
Apr	$263.15	+2.1%	$264.60	$255.95
May	$267.50	+1.7%	$291.25	$263.95
Jun	$270.60	+1.2%	$274.80	$265.40
Jul	$265.90	−1.7%	$270.30	$265.10
Aug	$273.00	+2.7%	$277.45	$266.40
Sep	$293.10	+7.4%	$293.25	$271.30
Oct	$278.75	−4.9%	$291.85	$275.50
Nov	$275.50	−1.2%	$280.60	$272.60
Dec	$276.50	+0.4%	$278.85	$272.20

Other Markets in 2001

Change over the calendar year.

Market	Change	Year-end
Gold Price	+0.7%	$276.50
Dow Jones Industrial Average in 2001	−7.1%	10,021.50
S&P 500 in 2001	−13.0%	1,148.08
Nasdaq Composite in 2001	−21.1%	1,950.40
Russell 2000 in 2001	+1.0%	488.50
Nikkei 225 in 2001	−23.5%	10,542.62
Silver in 2001	−1.3%	$4.52
WTI crude oil in 2001	−25.3%	$19.96
Brent crude oil in 2001	−14.3%	$19.35
US 10-year Treasury yield in 2001	−0.05 pp	5.07%

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

Gold Price in 2001: FAQ

How much did the gold price rise in 2001?

What were the highest and lowest closes of the gold price in 2001?

Highest: $293.25 on September 17, 2001. Lowest: $255.95 on April 2, 2001. It closed higher on 117 of 256 trading days.

What happened to the gold price on September 11, 2001?

Terrorist attacks hit New York and Washington; US stock exchanges close. The gold price rose 5.7% that day, and was +6.8% a month later.

Data: London PM fix (LBMA) from 1968 to Sep 2017, COMEX gold futures closes after that. Before 1968 the official US price: $20.67 until Oct 1933, $35 from 31 Jan 1934. Inflation: US CPI-U. Events marked "From the data" are found automatically from the closing prices; the others are researched, with the source linked. Not investment advice.