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 →
Gold Price, daily closes 2017
Numbers mark the events belowKey Events in 2017
What happened, and how the Gold moved — on the day (or the next trading day) and about a month later.
- 1
Wednesday, May 17 From the dataBiggest one-day rise of the year: +2.0%.
- 2
Monday, July 3 From the dataBiggest one-day fall of the year: −1.7%.
- 3
Friday, December 22President Trump signs the Tax Cuts and Jobs Act, cutting the corporate tax rate to 21%. SourceGold: +0.6% that day · +7.0% a month later
Biggest days of 2017
| Best days | Worst 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
| Month | Close | Change |
|---|---|---|
| Jan | $1,210 | +5.2% |
| Feb | $1,248 | +3.1% |
| Mar | $1,249 | +0.1% |
| Apr | $1,268 | +1.5% |
| May | $1,269 | +0.1% |
| Jun | $1,241 | −2.2% |
| Jul | $1,269 | +2.2% |
| Aug | $1,321 | +4.1% |
| Sep | $1,282 | −3.0% |
| Oct | $1,267 | −1.1% |
| Nov | $1,273 | +0.5% |
| Dec | $1,306 | +2.6% |
Other Markets in 2017
Change over the calendar year.
| Market | Change | Year-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 pp | 2.41% |
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.