Gold4,010.25−0.34%Silver53.88−1.32%Platinum1,570.24+0.17%Palladium1,054.64−0.17%
Gold/Silver74.43
DXY101.69+0.08%
US10Y4.95%−3.75%
WTI100.32+0.85%
S&P 5007,663−1.21%
Dow52,868+0.02%
Bitcoin81,625+0.38%
VIX19.03+14.09%

Gold Price in 2017

The gold price rose 13.5% in 2017, from $1,151 at the end of 2016 to $1,306. Its highest close was $1,349 on Sep 7, and its lowest $1,158 on Jan 3. The biggest one-day fall was −1.7% on Jul 3 and the biggest rise +2.0% on May 17. Adjusted for inflation, it gained 11.2%.

Daily COMEX prices, the year in 12 currencies and festival prices: Gold Price in 2017 →

Change in 2017
+13.5%
$1,151 → $1,306
High
$1,349
Sep 7
Low
$1,158
Jan 3
After inflation
+11.2%
US CPI
Up days
144 of 256
longest run 7 up, 5 down
Below record
-31.1%
at the end of 2017

Gold Price, daily closes 2017

Numbers mark the events below
$1,176$1,254$1,331JanFebMarAprMayJunJulAugSepOctNovDec1May 17: Biggest one-day rise of the year: +2.0%.2Jul 3: Biggest one-day fall of the year: −1.7%.3Dec 22: President Trump signs the Tax Cuts and Jobs Act, cutting the corporate tax rate to 21%.

Key Events in 2017

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

  1. 1
    Wednesday, May 17 From the data
    Biggest one-day rise of the year: +2.0%.
  2. 2
    Monday, July 3 From the data
    Biggest one-day fall of the year: −1.7%.
  3. 3
    Friday, December 22
    President Trump signs the Tax Cuts and Jobs Act, cutting the corporate tax rate to 21%. Source
    Gold: +0.6% that day · +7.0% a month later

Biggest days of 2017

Best daysWorst days
May 17+2.0%Jul 3−1.7%
Mar 15+1.7%Nov 20−1.6%
Apr 11+1.6%Sep 21−1.6%
Aug 28+1.5%May 3−1.5%
Nov 17+1.4%Oct 17−1.3%

Volatility: 10.2% (annualised standard deviation of daily changes).

Month by month

MonthCloseChangeHighLow
Jan$1,210+5.2%$1,218$1,158
Feb$1,248+3.1%$1,257$1,209
Mar$1,249+0.1%$1,254$1,199
Apr$1,268+1.5%$1,289$1,252
May$1,269+0.1%$1,269$1,219
Jun$1,241−2.2%$1,294$1,241
Jul$1,269+2.2%$1,269$1,213
Aug$1,321+4.1%$1,321$1,258
Sep$1,282−3.0%$1,349$1,282
Oct$1,267−1.1%$1,302$1,266
Nov$1,273+0.5%$1,296$1,267
Dec$1,306+2.6%$1,306$1,239

Other Markets in 2017

Change over the calendar year.

MarketChangeYear-end
Gold Price+13.5%$1,306
Dow Jones Industrial Average in 2017+25.1%24,719.22
S&P 500 in 2017+19.4%2,673.61
Nasdaq Composite in 2017+26.9%6,903.39
Russell 2000 in 2017+13.1%1,535.51
Nikkei 225 in 2017+19.1%22,764.94
Silver in 2017+6.4%$16.92
WTI crude oil in 2017+12.5%$60.42
Brent crude oil in 2017+18.7%$66.60
US 10-year Treasury yield in 2017−0.05 pp2.41%

Gold Price in 2017: FAQ

How much did the gold price rise in 2017?

The gold price rose 13.5% in 2017, from $1,151 at the end of 2016 to $1,306. Its highest close was $1,349 on Sep 7, and its lowest $1,158 on Jan 3. The biggest one-day fall was −1.7% on Jul 3 and the biggest rise +2.0% on May 17. Adjusted for inflation, it gained 11.2%.

What were the highest and lowest closes of the gold price in 2017?

Highest: $1,349 on September 7, 2017. Lowest: $1,158 on January 3, 2017. It closed higher on 144 of 256 trading days.

What happened to the gold price on December 22, 2017?

President Trump signs the Tax Cuts and Jobs Act, cutting the corporate tax rate to 21%. The gold price rose 0.6% that day, and was +7.0% 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.