Gold ranged between $1,282.80 and $1,519.10 per troy ounce during 2019, averaging $1,384.60 across 10 trading days. It finished the period at $1,465.60, up 14.65% from $1,278.30.
Metal value only, before dealer margins and fabrication.
The strongest session of 2019 was 1 June 2019 at +7.96%, and the weakest 1 November 2019 at -3.03%.
Twelve months earlier gold traded around $1,278.30, making this a +14.65% move year on year.
| Date | Close (USD/oz) | Change |
|---|---|---|
| 1 January 2019 | $1,319.70 | +$41.40 |
| 1 February 2019 | $1,312.80 | −$6.900 |
| 1 March 2019 | $1,293.00 | −$19.80 |
| 1 April 2019 | $1,282.80 | −$10.20 |
| 1 May 2019 | $1,305.80 | +$23.00 |
| 1 June 2019 | $1,409.70 | +$103.90 |
| 1 July 2019 | $1,426.10 | +$16.40 |
| 1 August 2019 | $1,519.10 | +$93.00 |
| 1 October 2019 | $1,511.40 | −$7.700 |
| 1 November 2019 | $1,465.60 | −$45.80 |
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 2019 at $1,465.60 per troy ounce, having risen $187.30 (14.65%) over the year. It has traded between $1,282.80 and $1,519.10 across 10 trading days.
The average gold closing price in 2019 was $1,384.60 per troy ounce, calculated across all 10 trading days in the year.
Gold reached its highest close of 2019 at $1,519.10 per troy ounce on 1 August 2019.
The lowest gold close in 2019 was $1,282.80 per troy ounce on 1 April 2019.
Gold rose during 2019. It entered the year at $1,278.30 and closed at $1,465.60, a change of 14.65%.
Gold closed higher on 5 sessions and lower on 5 during 2019. The strongest session was 1 June 2019 (+7.96%) and the weakest 1 November 2019 (-3.03%).
Daily closes in 2019 varied with a standard deviation of 3.54% per session, and the peak-to-trough spread across the year was 18.4% ($1,282.80 to $1,519.10).
At the 2019 close of $1,465.60 per troy ounce, gold worked out at about $47.12 per gram and $47,120.13 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 86.2 through 2019 and finished the year near 86.4. A higher ratio means silver is cheap relative to gold.
Gold was around $1,278.30 per troy ounce twelve months before the end of 2019. Closing at $1,465.60 makes that a gain of 14.7% year on year.