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Gold Price in 2018

The gold price fell 2.1% in 2018, from $1,306 at the end of 2017 to $1,278. Its highest close was $1,362 on Jan 25, and its lowest $1,176 on Aug 16. The biggest one-day fall was −2.3% on Jun 15 and the biggest rise +2.9% on Oct 11. Adjusted for inflation, it lost 4.0%.

Daily COMEX prices, the year in 12 currencies and festival prices: Gold Price in 2018 →

Change in 2018
−2.1%
$1,306 → $1,278
High
$1,362
Jan 25
Low
$1,176
Aug 16
After inflation
−4.0%
US CPI
Up days
120 of 250
longest run 5 up, 4 down
Below record
-32.5%
at the end of 2018

Gold Price, daily closes 2018

Numbers mark the events below
$1,194$1,269$1,345JanFebMarAprMayJunJulAugSepOctNovDec1Jun 15: Biggest one-day fall of the year: −2.3%.2Jul 6: US tariffs on $34 billion of Chinese goods take effect; China retaliates with matching tariffs.3Oct 11: Biggest one-day rise of the year: +2.9%.

Key Events in 2018

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

  1. 1
    Friday, June 15 From the data
    Biggest one-day fall of the year: −2.3%.
  2. 2
    Friday, July 6
    US tariffs on $34 billion of Chinese goods take effect; China retaliates with matching tariffs. Source
    Gold: −0.2% that day · −3.4% a month later
  3. 3
    Thursday, October 11 From the data
    Biggest one-day rise of the year: +2.9%.

Biggest days of 2018

Best daysWorst days
Oct 11+2.9%Jun 15−2.3%
Feb 14+2.1%May 15−2.1%
Nov 1+2.0%Feb 20−1.8%
Mar 23+1.7%Aug 13−1.6%
Aug 24+1.6%Oct 8−1.4%

Volatility: 10.5% (annualised standard deviation of daily changes).

Month by month

MonthCloseChangeHighLow
Jan$1,339+2.5%$1,362$1,312
Feb$1,316−1.8%$1,356$1,312
Mar$1,323+0.6%$1,354$1,303
Apr$1,316−0.5%$1,357$1,316
May$1,300−1.2%$1,321$1,288
Jun$1,251−3.8%$1,304$1,248
Jul$1,224−2.2%$1,258$1,221
Aug$1,200−1.9%$1,218$1,176
Sep$1,192−0.7%$1,206$1,182
Oct$1,212+1.7%$1,233$1,184
Nov$1,220+0.7%$1,236$1,199
Dec$1,278+4.8%$1,280$1,234

Other Markets in 2018

Change over the calendar year.

MarketChangeYear-end
Gold Price−2.1%$1,278
Dow Jones Industrial Average in 2018−5.6%23,327.46
S&P 500 in 2018−6.2%2,506.85
Nasdaq Composite in 2018−3.9%6,635.28
Russell 2000 in 2018−12.2%1,348.56
Nikkei 225 in 2018−12.1%20,014.77
Silver in 2018−8.8%$15.43
WTI crude oil in 2018−24.8%$45.41
Brent crude oil in 2018−19.2%$53.80
US 10-year Treasury yield in 2018+0.28 pp2.69%
2010201120122013201420152016201720182019

Gold Price in 2018: FAQ

How much did the gold price fall in 2018?

The gold price fell 2.1% in 2018, from $1,306 at the end of 2017 to $1,278. Its highest close was $1,362 on Jan 25, and its lowest $1,176 on Aug 16. The biggest one-day fall was −2.3% on Jun 15 and the biggest rise +2.9% on Oct 11. Adjusted for inflation, it lost 4.0%.

What were the highest and lowest closes of the gold price in 2018?

Highest: $1,362 on January 25, 2018. Lowest: $1,176 on August 16, 2018. It closed higher on 120 of 250 trading days.

What happened to the gold price on July 6, 2018?

US tariffs on $34 billion of Chinese goods take effect; China retaliates with matching tariffs. The gold price fell 0.2% that day, and was −3.4% 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.