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Gold ranged between $2,045.70 and $2,788.50 per troy ounce during 2024, averaging $2,582.49 across 113 trading days. It finished the period at $2,629.20, up 27.48% from $2,062.40.
Metal value only, before dealer margins and fabrication.
The strongest session of 2024 was 1 March 2024 at +8.39%, and the weakest 25 November 2024 at -3.44%.
Twelve months earlier gold traded around $2,062.40, making this a +27.48% move year on year.
| Date | Close (USD/oz) | Change |
|---|---|---|
| 1 January 2024 | $2,048.40 | −$14.00 |
| 1 February 2024 | $2,045.70 | −$2.700 |
| 1 March 2024 | $2,217.40 | +$171.70 |
| 1 April 2024 | $2,291.40 | +$74.00 |
| 1 May 2024 | $2,322.90 | +$31.50 |
| 1 June 2024 | $2,327.70 | +$4.800 |
| 1 July 2024 | $2,426.50 | +$98.80 |
| 1 August 2024 | $2,493.80 | +$67.30 |
| 2 August 2024 | $2,425.70 | −$68.10 |
| 5 August 2024 | $2,401.70 | −$24.00 |
| 6 August 2024 | $2,389.10 | −$12.60 |
| 7 August 2024 | $2,390.50 | +$1.400 |
| 8 August 2024 | $2,422.20 | +$31.70 |
| 9 August 2024 | $2,432.10 | +$9.900 |
| 12 August 2024 | $2,462.40 | +$30.30 |
| 13 August 2024 | $2,466.70 | +$4.300 |
| 14 August 2024 | $2,439.40 | −$27.30 |
| 15 August 2024 | $2,453.10 | +$13.70 |
| 16 August 2024 | $2,498.60 | +$45.50 |
| 19 August 2024 | $2,501.80 | +$3.200 |
| 20 August 2024 | $2,511.30 | +$9.500 |
| 21 August 2024 | $2,508.40 | −$2.900 |
| 22 August 2024 | $2,478.90 | −$29.50 |
| 23 August 2024 | $2,508.40 | +$29.50 |
| 26 August 2024 | $2,517.70 | +$9.300 |
| 27 August 2024 | $2,516.00 | −$1.700 |
| 28 August 2024 | $2,501.00 | −$15.00 |
| 29 August 2024 | $2,525.70 | +$24.70 |
| 30 August 2024 | $2,493.80 | −$31.90 |
| 3 September 2024 | $2,489.90 | −$3.900 |
| 4 September 2024 | $2,493.40 | +$3.500 |
| 5 September 2024 | $2,511.40 | +$18.00 |
| 6 September 2024 | $2,493.50 | −$17.90 |
| 9 September 2024 | $2,501.80 | +$8.300 |
| 10 September 2024 | $2,512.30 | +$10.50 |
| 11 September 2024 | $2,512.10 | −$0.200 |
| 12 September 2024 | $2,551.20 | +$39.10 |
| 13 September 2024 | $2,581.30 | +$30.10 |
| 16 September 2024 | $2,580.40 | −$0.900 |
| 17 September 2024 | $2,564.30 | −$16.10 |
| 18 September 2024 | $2,570.70 | +$6.400 |
| 19 September 2024 | $2,588.00 | +$17.30 |
| 20 September 2024 | $2,619.90 | +$31.90 |
| 23 September 2024 | $2,626.50 | +$6.600 |
| 24 September 2024 | $2,651.20 | +$24.70 |
| 25 September 2024 | $2,659.20 | +$8.000 |
| 26 September 2024 | $2,669.90 | +$10.70 |
| 27 September 2024 | $2,644.30 | −$25.60 |
| 30 September 2024 | $2,636.10 | −$8.200 |
| 1 October 2024 | $2,738.30 | +$102.20 |
| 2 October 2024 | $2,647.10 | −$91.20 |
| 3 October 2024 | $2,657.10 | +$10.00 |
| 4 October 2024 | $2,645.80 | −$11.30 |
| 7 October 2024 | $2,644.80 | −$1.000 |
| 8 October 2024 | $2,615.00 | −$29.80 |
| 9 October 2024 | $2,606.00 | −$9.000 |
| 10 October 2024 | $2,620.60 | +$14.60 |
| 11 October 2024 | $2,657.60 | +$37.00 |
| 14 October 2024 | $2,647.80 | −$9.800 |
| 15 October 2024 | $2,661.40 | +$13.60 |
| 16 October 2024 | $2,674.00 | +$12.60 |
| 17 October 2024 | $2,691.00 | +$17.00 |
| 18 October 2024 | $2,713.70 | +$22.70 |
| 21 October 2024 | $2,723.10 | +$9.400 |
| 22 October 2024 | $2,744.20 | +$21.10 |
| 23 October 2024 | $2,714.40 | −$29.80 |
| 24 October 2024 | $2,734.90 | +$20.50 |
| 25 October 2024 | $2,740.90 | +$6.000 |
| 28 October 2024 | $2,742.90 | +$2.000 |
| 29 October 2024 | $2,768.40 | +$25.50 |
| 30 October 2024 | $2,788.50 | +$20.10 |
| 31 October 2024 | $2,738.30 | −$50.20 |
| 1 November 2024 | $2,657.00 | −$81.30 |
| 4 November 2024 | $2,736.10 | +$79.10 |
| 5 November 2024 | $2,740.30 | +$4.200 |
| 6 November 2024 | $2,667.60 | −$72.70 |
| 7 November 2024 | $2,698.40 | +$30.80 |
| 8 November 2024 | $2,687.50 | −$10.90 |
| 11 November 2024 | $2,611.20 | −$76.30 |
| 12 November 2024 | $2,600.00 | −$11.20 |
| 13 November 2024 | $2,580.80 | −$19.20 |
| 14 November 2024 | $2,568.20 | −$12.60 |
| 15 November 2024 | $2,565.70 | −$2.500 |
| 18 November 2024 | $2,610.60 | +$44.90 |
| 19 November 2024 | $2,627.10 | +$16.50 |
| 20 November 2024 | $2,648.20 | +$21.10 |
| 21 November 2024 | $2,672.10 | +$23.90 |
| 22 November 2024 | $2,709.90 | +$37.80 |
| 25 November 2024 | $2,616.80 | −$93.10 |
| 26 November 2024 | $2,620.30 | +$3.500 |
| 27 November 2024 | $2,639.90 | +$19.60 |
| 29 November 2024 | $2,657.00 | +$17.10 |
| 2 December 2024 | $2,634.90 | −$22.10 |
| 3 December 2024 | $2,644.70 | +$9.800 |
| 4 December 2024 | $2,653.80 | +$9.100 |
| 5 December 2024 | $2,626.60 | −$27.20 |
| 6 December 2024 | $2,638.60 | +$12.00 |
| 9 December 2024 | $2,664.90 | +$26.30 |
| 10 December 2024 | $2,697.60 | +$32.70 |
| 11 December 2024 | $2,733.80 | +$36.20 |
| 12 December 2024 | $2,687.50 | −$46.30 |
| 13 December 2024 | $2,656.00 | −$31.50 |
| 16 December 2024 | $2,651.40 | −$4.600 |
| 17 December 2024 | $2,644.40 | −$7.000 |
| 18 December 2024 | $2,636.50 | −$7.900 |
| 19 December 2024 | $2,592.20 | −$44.30 |
| 20 December 2024 | $2,628.70 | +$36.50 |
| 23 December 2024 | $2,612.30 | −$16.40 |
| 24 December 2024 | $2,620.00 | +$7.700 |
| 26 December 2024 | $2,638.80 | +$18.80 |
| 27 December 2024 | $2,617.20 | −$21.60 |
| 30 December 2024 | $2,606.10 | −$11.10 |
| 31 December 2024 | $2,629.20 | +$23.10 |
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 2024 at $2,629.20 per troy ounce, having risen $566.80 (27.48%) over the year. It has traded between $2,045.70 and $2,788.50 across 113 trading days.
The average gold closing price in 2024 was $2,582.49 per troy ounce, calculated across all 113 trading days in the year.
Gold reached its highest close of 2024 at $2,788.50 per troy ounce on 30 October 2024.
The lowest gold close in 2024 was $2,045.70 per troy ounce on 1 February 2024.
Gold rose during 2024. It entered the year at $2,062.40 and closed at $2,629.20, a change of 27.48%.
Gold closed higher on 67 sessions and lower on 46 during 2024. The strongest session was 1 March 2024 (+8.39%) and the weakest 25 November 2024 (-3.44%).
Daily closes in 2024 varied with a standard deviation of 1.49% per session, and the peak-to-trough spread across the year was 36.3% ($2,045.70 to $2,788.50).
At the 2024 close of $2,629.20 per troy ounce, gold worked out at about $84.53 per gram and $84,530.74 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 85.4 through 2024 and finished the year near 90.9. A higher ratio means silver is cheap relative to gold.
Gold was around $2,062.40 per troy ounce twelve months before the end of 2024. Closing at $2,629.20 makes that a gain of 27.5% year on year.