Gold Price in 2010
The gold price rose 29.2% in 2010, from $1,088 at the end of 2009 to $1,406. Its highest close was $1,421 on Nov 9 — a record that stood until January 3, 2011, and its lowest $1,058 on Feb 5. The biggest one-day fall was −2.9% on Feb 4 and the biggest rise +3.1% on Jan 4. Adjusted for inflation, it gained 27.3%.
Daily COMEX prices, the year in 12 currencies and festival prices: Gold Price in 2010 →
Gold Price, daily closes 2010
Numbers mark the events belowKey Events in 2010
What happened, and how the Gold moved — on the day (or the next trading day) and about a month later.
- 1
Monday, January 4 From the dataBiggest one-day rise of the year: +3.1%.
- 2
Thursday, February 4 From the dataBiggest one-day fall of the year: −2.9%.
- 3
Tuesday, May 11 From the datasets the first of 22 record closing highs this year, at $1,223.
- 4
Wednesday, July 21President Obama signs the Dodd-Frank Wall Street Reform and Consumer Protection Act into law. SourceGold: +0.7% that day · +3.0% a month later
- 5
Wednesday, September 15Japan sells yen in the currency market, its first intervention since 2004. SourceGold: +0.1% that day · +7.9% a month later
- 6
Tuesday, November 9 From the dataLast record close of the year: $1,421.
Biggest days of 2010
| Best days | Worst days | ||
|---|---|---|---|
| Jan 4 | +3.1% | Feb 4 | −2.9% |
| Nov 4 | +2.6% | Jul 2 | −2.6% |
| Jun 8 | +2.6% | Dec 8 | −2.4% |
| Nov 9 | +2.3% | Feb 5 | −2.3% |
| Jan 11 | +2.3% | Jan 22 | −2.2% |
Volatility: 15.8% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | $1,079 | −0.8% |
| Feb | $1,108 | +2.8% |
| Mar | $1,116 | +0.7% |
| Apr | $1,179 | +5.7% |
| May | $1,208 | +2.4% |
| Jun | $1,244 | +3.0% |
| Jul | $1,169 | −6.0% |
| Aug | $1,246 | +6.6% |
| Sep | $1,307 | +4.9% |
| Oct | $1,347 | +3.0% |
| Nov | $1,384 | +2.7% |
| Dec | $1,406 | +1.6% |
Other Markets in 2010
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| Gold Price | +29.2% | $1,406 |
| Dow Jones Industrial Average in 2010 | +11.0% | 11,577.51 |
| S&P 500 in 2010 | +12.8% | 1,257.64 |
| Nasdaq Composite in 2010 | +16.9% | 2,652.87 |
| Russell 2000 in 2010 | +25.3% | 783.65 |
| Nikkei 225 in 2010 | −3.0% | 10,228.92 |
| Silver in 2010 | +80.3% | $30.63 |
| WTI crude oil in 2010 | +15.1% | $91.38 |
| Brent crude oil in 2010 | +19.7% | $93.23 |
| US 10-year Treasury yield in 2010 | −0.55 pp | 3.30% |
Gold Price in 2010: FAQ
How much did the gold price rise in 2010?
The gold price rose 29.2% in 2010, from $1,088 at the end of 2009 to $1,406. Its highest close was $1,421 on Nov 9 — a record that stood until January 3, 2011, and its lowest $1,058 on Feb 5. The biggest one-day fall was −2.9% on Feb 4 and the biggest rise +3.1% on Jan 4. Adjusted for inflation, it gained 27.3%.
What were the highest and lowest closes of the gold price in 2010?
Highest: $1,421 on November 9, 2010. Lowest: $1,058 on February 5, 2010. It closed higher on 140 of 257 trading days.
What happened to the gold price on July 21, 2010?
President Obama signs the Dodd-Frank Wall Street Reform and Consumer Protection Act into law. The gold price rose 0.7% that day, and was +3.0% a month later.
Did the gold price reach a record high in 2010?
Yes — 22 record closing highs, the last at $1,421 on November 9, 2010. (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.