Gold Price in September 2001
In September 2001, gold rose 6.6%, from $274.40 at the end of August to $292.40 per troy ounce on September 28, 2001. The highest close was $293.30 on September 26, 2001, the lowest $271.60 on September 4, 2001, and the average over 16 trading days was $284.96. Today's price is 1,225.8% higher than the September 2001 close.
Gold ended September higher. What usually happens in October after a higher September →
- Gold rose 6.6% in US dollars in September 2001, leaving it up 7.5% for the year to date.
- Measured in other currencies, the change ranged from +6.6% in CNY to +7.2% in JPY, because exchange rates moved too.
- It did better than US stocks (−8.1%), and worse than silver (+11.7%).
- It closed higher on 9 trading days and lower on 7, with an average daily move of 0.97%.
- Gold/silver ratio: 65.9 → 62.9.
Gold price chart, September 2001
US dollars per troy ounce · daily closeGold in other currencies, September 2001
| Currency | Change in the month |
|---|---|
| JPY | +7.2% |
| EGP | +6.6% |
| CNY | +6.6% |
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, September 2001
| Asset | Change (USD) |
|---|---|
| Gold | +6.6% |
| Silver | +11.7% |
| S&P 500 (with dividends) | −8.1% |
| US inflation (CPI, month) | +0.45% |
| Gold, year to date (end of September) | +7.5% |
| Gold/silver ratio | 65.9 → 62.9 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Key Events in September 2001
- Tuesday, September 11Terrorist attacks hit New York and Washington; US stock exchanges close. SourceGold: +6.8% next trading day (Sep 14)
Daily Gold Prices, September 2001
Closing price for every trading day.
| Date | Close (USD per oz) | Change | USD per gram |
|---|---|---|---|
| Sep 4Tue | $271.60 | −1.02% | $8.73 |
| Sep 5Wed | $272.00 | +0.15% | $8.75 |
| Sep 6Thu | $273.00 | +0.37% | $8.78 |
| Sep 7Fri | $273.10 | +0.04% | $8.78 |
| Sep 10Mon | $271.60 | −0.55% | $8.73 |
| Sep 14Fri | $290.20 | +6.85% | $9.33 |
| Sep 17Mon | $289.80 | −0.14% | $9.32 |
| Sep 18Tue | $288.10 | −0.59% | $9.26 |
| Sep 19Wed | $291.50 | +1.18% | $9.37 |
| Sep 20Thu | $289.00 | −0.86% | $9.29 |
| Sep 21Fri | $291.90 | +1.00% | $9.38 |
| Sep 24Mon | $289.70 | −0.75% | $9.31 |
| Sep 25Tue | $290.50 | +0.28% | $9.34 |
| Sep 26Wed | $293.30 | +0.96% | $9.43 |
| Sep 27Thu | $291.70 | −0.55% | $9.38 |
| Sep 28Fri | $292.40 | +0.24% | $9.40 |
How September usually goes for gold
In the 20 years from 2006 to 2025, gold rose in September 8 times out of 20, with an average move of −0.2% and a median of −2.0%. Every September since 1971 →
Gold in September 2001: FAQ
What was the price of gold in September 2001?
Gold traded between $271.60 and $293.30 per troy ounce (daily closes) in September 2001, averaging $284.96. It closed the month at $292.40.
How much did gold go up in September 2001?
Gold rose 6.6%, from $274.40 to $292.40. The biggest daily rise was +6.8% on September 14, 2001 and the biggest fall −1.0% on September 4, 2001.
What was the gold price on September 4, 2001?
Gold closed at $271.60 per troy ounce on September 4, 2001, the first trading day of the month.
Is September usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in September 8 times out of 20, with an average move of −0.2% and a median of −2.0%. Past seasonal patterns are not a reliable guide to any single year.
Did gold beat stocks in September 2001?
Yes. Gold was +6.6% for the month, against −8.1% for the S&P 500 with dividends.
Did gold keep up with inflation in September 2001?
US consumer prices (CPI) changed +0.45% in September, so gold's real (inflation-adjusted) change was about +6.1%.
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{corgano2026goldpriceinseptember, author = {{Corgano}}, title = {Gold Price in September 2001}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2001/september}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}