Gold price history
Gold price in 2020
Gold averaged $1,770 an ounce in 2020. That was +27.1% on 2019.
Gold today: …
What happened in 2020
Covid. Gold passed $2,000 for the first time in August 2020, as interest rates fell to near zero.
Month by month in 2020
| Month | Average price |
|---|---|
| January | $1,561 |
| February | $1,597 |
| March | $1,592 |
| April | $1,683 |
| May | $1,716 |
| June | $1,732 |
| July | $1,847 |
| August | $1,969 |
| September | $1,922 |
| October | $1,900 |
| November | $1,866 |
| December | $1,858 |
2020 on the long-run chart
The large dot is 2020. Yearly averages, log scale.
Yearly and monthly figures are averages of daily prices, in US dollars per troy ounce. Source: World Bank Commodity Markets (Pink Sheet), CC BY 4.0, via the open gold-prices dataset. Daily highs and lows were higher and lower than the monthly averages. Latest month in the data: September 2026.
Questions people ask
What was the price of gold in 2020?
Gold averaged about $1,770 an ounce in 2020. The highest month was August ($1,969) and the lowest was January ($1,561).
How much is gold now compared with 2020?
See the live figure at the top of this page. It compares today's price with the 2020 average of $1,770. Past prices don't tell you what gold will do next.
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