Gold Price in July 2001
In July 2001, gold fell 1.2%, from $270.60 at the end of June to $267.40 per troy ounce on July 31, 2001. The highest close was $270.40 on July 17, 2001, the lowest $264.60 on July 29, 2001, and the average over 27 trading days was $267.53. Today's price is 1,349.8% higher than the July 2001 close.
Gold ended July lower. What usually happens in August after a lower July →
- Gold fell 1.2% in US dollars in July 2001, leaving it down 1.7% for the year to date.
- Measured in other currencies, the change ranged from −1.3% in JPY to +0.3% in EGP, because exchange rates moved too.
- It did better than silver (−1.7%), and worse than US stocks (−1.0%).
- It closed higher on 11 trading days and lower on 11, with an average daily move of 0.40%.
- At the end of the month it was 7.0% below its highest close since 2000.
- Gold/silver ratio: 63.0 → 63.4.
Gold price chart, July 2001
US dollars per troy ounce · daily closeGold in other currencies, July 2001
| Currency | Change in the month |
|---|---|
| EGP | +0.3% |
| CNY | −1.2% |
| JPY | −1.3% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes gold rise more in local terms.
Gold vs other assets, July 2001
| Asset | Change (USD) |
|---|---|
| Gold | −1.2% |
| Silver | −1.7% |
| S&P 500 (with dividends) | −1.0% |
| US inflation (CPI, month) | −0.28% |
| Gold, year to date (end of July) | −1.7% |
| Gold/silver ratio | 63.0 → 63.4 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, July 2001
Closing price for every trading day.
| Date | Close (USD per oz) | Change | USD per gram |
|---|---|---|---|
| Jul 1Sun | $269.40 | −0.44% | $8.66 |
| Jul 2Mon | $267.60 | −0.67% | $8.60 |
| Jul 3Tue | $267.60 | 0.00% | $8.60 |
| Jul 4Wed | $265.10 | −0.93% | $8.52 |
| Jul 5Thu | $265.90 | +0.30% | $8.55 |
| Jul 6Fri | $265.90 | 0.00% | $8.55 |
| Jul 8Sun | $266.50 | +0.23% | $8.57 |
| Jul 9Mon | $266.20 | −0.11% | $8.56 |
| Jul 10Tue | $268.30 | +0.79% | $8.63 |
| Jul 11Wed | $266.60 | −0.63% | $8.57 |
| Jul 12Thu | $267.10 | +0.19% | $8.59 |
| Jul 13Fri | $267.10 | 0.00% | $8.59 |
| Jul 15Sun | $266.90 | −0.07% | $8.58 |
| Jul 16Mon | $268.10 | +0.45% | $8.62 |
| Jul 17Tue | $270.40 | +0.86% | $8.69 |
| Jul 18Wed | $269.40 | −0.37% | $8.66 |
| Jul 19Thu | $269.90 | +0.19% | $8.68 |
| Jul 20Fri | $269.90 | 0.00% | $8.68 |
| Jul 22Sun | $268.80 | −0.41% | $8.64 |
| Jul 23Mon | $269.70 | +0.33% | $8.67 |
| Jul 24Tue | $267.70 | −0.74% | $8.61 |
| Jul 25Wed | $266.20 | −0.56% | $8.56 |
| Jul 26Thu | $267.40 | +0.45% | $8.60 |
| Jul 27Fri | $267.40 | 0.00% | $8.60 |
| Jul 29Sun | $264.60 | −1.05% | $8.51 |
| Jul 30Mon | $266.20 | +0.60% | $8.56 |
| Jul 31Tue | $267.40 | +0.45% | $8.60 |
How July usually goes for gold
In the 20 years from 2006 to 2025, gold rose in July 14 times out of 20, with an average move of +1.7% and a median of +1.8%. Every July since 1971 →
Gold in July 2001: FAQ
What was the price of gold in July 2001?
Gold traded between $264.60 and $270.40 per troy ounce (daily closes) in July 2001, averaging $267.53. It closed the month at $267.40.
How much did gold go down in July 2001?
Gold fell 1.2%, from $270.60 to $267.40. The biggest daily rise was +0.9% on July 17, 2001 and the biggest fall −1.0% on July 29, 2001.
What was the gold price on July 1, 2001?
Gold closed at $269.40 per troy ounce on July 1, 2001, the first trading day of the month.
Is July usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in July 14 times out of 20, with an average move of +1.7% and a median of +1.8%. Past seasonal patterns are not a reliable guide to any single year.
Did gold beat stocks in July 2001?
No. Gold was −1.2% for the month, against −1.0% for the S&P 500 with dividends.
Did gold keep up with inflation in July 2001?
US consumer prices (CPI) changed −0.28% in July, so gold's real (inflation-adjusted) change was about −0.9%.
Cite this page
For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano2026goldpriceinjuly, author = {{Corgano}}, title = {Gold Price in July 2001}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2001/july}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-11-01}}