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Gold ranged between $1,171.10 and $1,321.40 per troy ounce during 2014, averaging $1,244.90 across 11 trading days. It finished the period at $1,183.90, down 5.33% from $1,250.60.
Metal value only, before dealer margins and fabrication.
The strongest session of 2014 was 1 February 2014 at +6.56%, and the weakest 1 September 2014 at -5.86%.
Twelve months earlier gold traded around $1,250.60, making this a -5.33% move year on year.
| Date | Close (USD/oz) | Change |
|---|---|---|
| 1 January 2014 | $1,240.10 | −$10.50 |
| 1 February 2014 | $1,321.40 | +$81.30 |
| 1 March 2014 | $1,283.40 | −$38.00 |
| 1 April 2014 | $1,295.60 | +$12.20 |
| 1 May 2014 | $1,245.60 | −$50.00 |
| 1 July 2014 | $1,281.30 | +$35.70 |
| 1 August 2014 | $1,285.80 | +$4.500 |
| 1 September 2014 | $1,210.50 | −$75.30 |
| 1 October 2014 | $1,171.10 | −$39.40 |
| 1 November 2014 | $1,175.20 | +$4.100 |
| 1 December 2014 | $1,183.90 | +$8.700 |
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 2014 at $1,183.90 per troy ounce, having fallen $66.70 (5.33%) over the year. It has traded between $1,171.10 and $1,321.40 across 11 trading days.
The average gold closing price in 2014 was $1,244.90 per troy ounce, calculated across all 11 trading days in the year.
Gold reached its highest close of 2014 at $1,321.40 per troy ounce on 1 February 2014.
The lowest gold close in 2014 was $1,171.10 per troy ounce on 1 October 2014.
Gold fell during 2014. It entered the year at $1,250.60 and closed at $1,183.90, a change of -5.33%.
Gold closed higher on 6 sessions and lower on 5 during 2014. The strongest session was 1 February 2014 (+6.56%) and the weakest 1 September 2014 (-5.86%).
Daily closes in 2014 varied with a standard deviation of 3.46% per session, and the peak-to-trough spread across the year was 12.8% ($1,171.10 to $1,321.40).
At the 2014 close of $1,183.90 per troy ounce, gold worked out at about $38.06 per gram and $38,063.27 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 68.4 through 2014 and finished the year near 76.1. A higher ratio means silver is cheap relative to gold.
Gold was around $1,250.60 per troy ounce twelve months before the end of 2014. Closing at $1,183.90 makes that a decline of 5.3% year on year.