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Gold ranged between $257.90 and $292.40 per troy ounce during 2001, averaging $272.51 across 10 trading days. It finished the period at $278.70, up 2.46% from $272.00.
Metal value only, before dealer margins and fabrication.
The strongest session of 2001 was 1 September 2001 at +6.56%, and the weakest 1 October 2001 at -4.41%.
Twelve months earlier gold traded around $272.00, making this a +2.46% move year on year.
| Date | Close (USD/oz) | Change |
|---|---|---|
| 1 January 2001 | $265.60 | −$6.400 |
| 1 February 2001 | $266.80 | +$1.200 |
| 1 March 2001 | $257.90 | −$8.900 |
| 1 May 2001 | $265.30 | +$7.400 |
| 1 June 2001 | $270.60 | +$5.300 |
| 1 August 2001 | $274.40 | +$3.800 |
| 1 September 2001 | $292.40 | +$18.00 |
| 1 October 2001 | $279.50 | −$12.90 |
| 1 November 2001 | $273.90 | −$5.600 |
| 1 December 2001 | $278.70 | +$4.800 |
Source: Yahoo Finance (COMEX futures). Figures are indicative reference prices, not trading quotes.
Figures in this section are shown in USD, independent of the currency selected above.
Gold finished 2001 at $278.70 per troy ounce, having risen $6.70 (2.46%) over the year. It has traded between $257.90 and $292.40 across 10 trading days.
The average gold closing price in 2001 was $272.51 per troy ounce, calculated across all 10 trading days in the year.
Gold reached its highest close of 2001 at $292.40 per troy ounce on 1 September 2001.
The lowest gold close in 2001 was $257.90 per troy ounce on 1 March 2001.
Gold rose during 2001. It entered the year at $272.00 and closed at $278.70, a change of 2.46%.
Gold closed higher on 6 sessions and lower on 4 during 2001. The strongest session was 1 September 2001 (+6.56%) and the weakest 1 October 2001 (-4.41%).
Daily closes in 2001 varied with a standard deviation of 3.33% per session, and the peak-to-trough spread across the year was 13.4% ($257.90 to $292.40).
At the 2001 close of $278.70 per troy ounce, gold worked out at about $8.96 per gram and $8,960.41 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 62.1 through 2001 and finished the year near 60.9. A higher ratio means silver is cheap relative to gold.
Gold was around $272.00 per troy ounce twelve months before the end of 2001. Closing at $278.70 makes that a gain of 2.5% year on year.