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Gold/Silver72.09
DXY101.72−0.06%
US10Y5.15%+0.57%
WTI98.17+1.05%
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Dow52,856+0.69%
Bitcoin83,498−0.63%
VIX16.68−3.64%

Gold Price in 2024

The gold price rose 27.5% in 2024, from $2,072 at the end of 2023 to $2,641. Its highest close was $2,801 on Oct 30 — a record that stood until January 30, 2025, and its lowest $2,004 on Feb 14. The biggest one-day fall was −3.5% on Nov 25 and the biggest rise +2.2% on Aug 1. Adjusted for inflation, it gained 23.9%.

Daily COMEX prices, the year in 12 currencies and festival prices: Gold Price in 2024 →

Change in 2024
+27.5%
$2,072 → $2,641
High
$2,801
Oct 30
Low
$2,004
Feb 14
After inflation
+23.9%
US CPI
Up days
144 of 252
longest run 8 up, 6 down
Record highs
45
closing records

Gold Price, daily closes 2024

Numbers mark the events below
$2,079$2,403$2,726previous recordJanFebMarAprMayJunJulAugSepOctNovDec1Mar 1: sets the first of 45 record closing highs this year, at $2,096.2Aug 1: Biggest one-day rise of the year: +2.2%.3Oct 30: Last record close of the year: $2,801.4Nov 5: Donald Trump wins the US presidential election.5Nov 25: Biggest one-day fall of the year: −3.5%.

Key Events in 2024

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

  1. 1
    Friday, March 1 From the data
    sets the first of 45 record closing highs this year, at $2,096.
  2. 2
    Thursday, August 1 From the data
    Biggest one-day rise of the year: +2.2%.
  3. 3
    Wednesday, October 30 From the data
    Last record close of the year: $2,801.
  4. 4
    Tuesday, November 5
    Donald Trump wins the US presidential election. Source
    Gold: +0.1% that day · −2.5% a month later
  5. 5
    Monday, November 25 From the data
    Biggest one-day fall of the year: −3.5%.

Biggest days of 2024

Best daysWorst days
Aug 1+2.2%Nov 25−3.5%
Jun 3+2.0%Nov 11−2.9%
Mar 1+2.0%Apr 22−2.8%
Aug 16+1.8%Jun 7−2.8%
Apr 1+1.8%Nov 6−2.7%

Volatility: 15.3% (annualised standard deviation of daily changes).

Month by month

MonthCloseChangeHighLow
Jan$2,048−1.1%$2,073$2,007
Feb$2,055+0.3%$2,071$2,004
Mar$2,217+7.9%$2,217$2,096
Apr$2,303+3.9%$2,414$2,257
May$2,323+0.9%$2,439$2,309
Jun$2,340+0.7%$2,391$2,313
Jul$2,427+3.7%$2,468$2,333
Aug$2,528+4.2%$2,560$2,432
Sep$2,659+5.2%$2,695$2,523
Oct$2,749+3.4%$2,801$2,626
Nov$2,657−3.4%$2,750$2,570
Dec$2,641−0.6%$2,757$2,608

Other Markets in 2024

Change over the calendar year.

MarketChangeYear-end
Gold Price+27.5%$2,641
Dow Jones Industrial Average in 2024+12.9%42,544.22
S&P 500 in 2024+23.3%5,881.63
Nasdaq Composite in 2024+28.6%19,310.79
Russell 2000 in 2024+10.0%2,230.16
Nikkei 225 in 2024+19.2%39,894.54
Silver in 2024+21.3%$28.94
WTI crude oil in 2024+0.1%$71.72
Brent crude oil in 2024−3.1%$74.64
US 10-year Treasury yield in 2024+0.71 pp4.57%
2020202120222023202420252026

Gold Price in 2024: FAQ

How much did the gold price rise in 2024?

The gold price rose 27.5% in 2024, from $2,072 at the end of 2023 to $2,641. Its highest close was $2,801 on Oct 30 — a record that stood until January 30, 2025, and its lowest $2,004 on Feb 14. The biggest one-day fall was −3.5% on Nov 25 and the biggest rise +2.2% on Aug 1. Adjusted for inflation, it gained 23.9%.

What were the highest and lowest closes of the gold price in 2024?

Highest: $2,801 on October 30, 2024. Lowest: $2,004 on February 14, 2024. It closed higher on 144 of 252 trading days.

What happened to the gold price on November 5, 2024?

Donald Trump wins the US presidential election. The gold price rose 0.1% that day, and was −2.5% a month later.

Did the gold price reach a record high in 2024?

Yes — 45 record closing highs, the last at $2,801 on October 30, 2024. (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.