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Gold Price in 2009

The gold price rose 25.0% in 2009, from $869.75 at the end of 2008 to $1,088. Its highest close was $1,213 on Dec 2 — a record that stood until May 11, 2010, and its lowest $810.00 on Jan 15. The biggest one-day fall was −4.3% on Feb 26 and the biggest rise +7.1% on Mar 19. Adjusted for inflation, it gained 21.7%.

Daily COMEX prices, the year in 12 currencies and festival prices: Gold Price in 2009 →

Change in 2009
+25.0%
$869.75 → $1,088
High
$1,213
Dec 2
Low
$810.00
Jan 15
After inflation
+21.7%
US CPI
Up days
129 of 257
longest run 6 up, 5 down
Record highs
22
closing records

Gold Price, daily closes 2009

Numbers mark the events below
$848$1,011$1,175previous recordJanFebMarAprMayJunJulAugSepOctNovDec1Jan 26: Back above its pre-bear-market peak of $905.00 (September 29, 2008).2Feb 17: President Obama signs the $787 billion American Recovery and Reinvestment Act.3Feb 26: Biggest one-day fall of the year: −4.3%.4Mar 18: Fed expands asset purchases, adding $750 billion of agency MBS/debt and $300 billion of Treasuries.5Mar 19: Biggest one-day rise of the year: +7.1%.6Sep 16: sets the first of 22 record closing highs this year, at $1,016. Back above its pre-bear-market peak of $1,011 (March 17, 2008).7Nov 2: IMF announces the sale of 200 tonnes of gold to the Reserve Bank of India.8Dec 2: Last record close of the year: $1,213.

Key Events in 2009

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

  1. 1
    Monday, January 26 From the data
    Back above its pre-bear-market peak of $905.00 (September 29, 2008).
  2. 2
    Tuesday, February 17
    President Obama signs the $787 billion American Recovery and Reinvestment Act. Source
    Gold: +2.7% that day · −2.9% a month later
  3. 3
    Thursday, February 26 From the data
    Biggest one-day fall of the year: −4.3%.
  4. 4
    Wednesday, March 18
    Fed expands asset purchases, adding $750 billion of agency MBS/debt and $300 billion of Treasuries. Source
    Gold: −2.4% that day · −3.8% a month later
  5. 5
    Thursday, March 19 From the data
    Biggest one-day rise of the year: +7.1%.
  6. 6
    Wednesday, September 16 From the data
    sets the first of 22 record closing highs this year, at $1,016. Back above its pre-bear-market peak of $1,011 (March 17, 2008).
  7. 7
    Monday, November 2
    IMF announces the sale of 200 tonnes of gold to the Reserve Bank of India. Source
    Gold: +2.1% that day · +13.1% a month later
  8. 8
    Wednesday, December 2 From the data
    Last record close of the year: $1,213.

Biggest days of 2009

Best daysWorst days
Mar 19+7.1%Feb 26−4.3%
Jan 26+3.9%Dec 7−4.0%
Oct 6+3.3%Apr 6−3.8%
Feb 11+3.1%Apr 2−2.9%
Jan 30+3.1%Mar 24−2.7%

Volatility: 21.2% (annualised standard deviation of daily changes).

Month by month

MonthCloseChangeHighLow
Jan$919.50+5.7%$919.50$810.00
Feb$952.00+3.5%$989.00$895.00
Mar$916.50−3.7%$956.50$893.25
Apr$883.25−3.6%$924.50$870.25
May$975.50+10.4%$975.50$884.50
Jun$934.50−4.2%$981.75$919.25
Jul$939.00+0.5%$955.00$908.50
Aug$951.70+1.4%$964.00$932.75
Sep$995.75+4.6%$1,019$955.00
Oct$1,040+4.4%$1,062$1,004
Nov$1,176+13.1%$1,183$1,061
Dec$1,088−7.5%$1,213$1,084

Other Markets in 2009

Change over the calendar year.

MarketChangeYear-end
Gold Price+25.0%$1,088
Dow Jones Industrial Average in 2009+18.8%10,428.05
S&P 500 in 2009+23.5%1,115.10
Nasdaq Composite in 2009+43.9%2,269.15
Russell 2000 in 2009+25.2%625.39
Nikkei 225 in 2009+19.0%10,546.44
Silver in 2009+57.5%$16.99
WTI crude oil in 2009+78.0%$79.39
Brent crude oil in 2009+117.5%$77.91
US 10-year Treasury yield in 2009+1.60 pp3.85%
2000200120022003200420052006200720082009

Gold Price in 2009: FAQ

How much did the gold price rise in 2009?

The gold price rose 25.0% in 2009, from $869.75 at the end of 2008 to $1,088. Its highest close was $1,213 on Dec 2 — a record that stood until May 11, 2010, and its lowest $810.00 on Jan 15. The biggest one-day fall was −4.3% on Feb 26 and the biggest rise +7.1% on Mar 19. Adjusted for inflation, it gained 21.7%.

What were the highest and lowest closes of the gold price in 2009?

Highest: $1,213 on December 2, 2009. Lowest: $810.00 on January 15, 2009. It closed higher on 129 of 257 trading days.

What happened to the gold price on February 17, 2009?

President Obama signs the $787 billion American Recovery and Reinvestment Act. The gold price rose 2.7% that day, and was −2.9% a month later.

Did the gold price reach a record high in 2009?

Yes — 22 record closing highs, the last at $1,213 on December 2, 2009. (Records counted from 1968, when the free market price began.)

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.