Gold Price in July 2010
In July 2010, gold fell 5.1%, from $1,245.50 at the end of June to $1,181.70 per troy ounce on July 30, 2010. The highest close was $1,213.30 on July 13, 2010, the lowest $1,158.00 on July 27, 2010, and the average over 21 trading days was $1,191.75. Today's price is 228.1% higher than the July 2010 close.
Gold ended July lower. What usually happens in August after a lower July →
- Gold fell 5.1% in US dollars in July 2010, leaving it up 7.9% for the year to date.
- Measured in other currencies, the change ranged from −11.1% in AUD to −4.6% in EGP, because exchange rates moved too.
- It did worse than silver (−3.7%) and US stocks (+7.0%).
- It closed higher on 11 trading days and lower on 10, with an average daily move of 0.83%.
- At the end of the month it was 6.0% below its highest close since 2000.
- Gold/silver ratio: 66.7 → 65.7.
Gold price chart, July 2010
US dollars per troy ounce · daily closeGold in other currencies, July 2010
| Currency | Change in the month |
|---|---|
| EGP | −4.6% |
| CNY | −5.2% |
| INR | −5.2% |
| PKR | −5.4% |
| JPY | −6.4% |
| CHF | −6.9% |
| CAD | −7.8% |
| GBP | −8.3% |
| EUR | −9.0% |
| TRY | −9.5% |
| ZAR | −10.6% |
| AUD | −11.1% |
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 2010
| Asset | Change (USD) |
|---|---|
| Gold | −5.1% |
| Silver | −3.7% |
| S&P 500 (with dividends) | +7.0% |
| US inflation (CPI, month) | +0.02% |
| Gold, year to date (end of July) | +7.9% |
| Gold/silver ratio | 66.7 → 65.7 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Key Events in July 2010
- Wednesday, July 21President Obama signs the Dodd-Frank Wall Street Reform and Consumer Protection Act into law. SourceGold: 0.0% that day
Daily Gold Prices, July 2010
Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.
| Date | Close (USD per oz) | Change | USD per gram | 24K India, ₹ per 10 g | 24K UAE, AED per gram |
|---|---|---|---|---|---|
| Jul 1Thu | $1,206.30 | −3.15% | $38.78 | ₹18,058 | AED 142.44 |
| Jul 2Fri | $1,207.40 | +0.09% | $38.82 | ₹18,074 | AED 142.57 |
| Jul 6Tue | $1,194.80 | −1.04% | $38.41 | ₹18,035 | AED 141.09 |
| Jul 7Wed | $1,198.60 | +0.32% | $38.54 | ₹17,977 | AED 141.53 |
| Jul 8Thu | $1,195.80 | −0.23% | $38.45 | ₹17,885 | AED 141.20 |
| Jul 9Fri | $1,209.60 | +1.15% | $38.89 | ₹18,091 | AED 142.83 |
| Jul 12Mon | $1,198.50 | −0.92% | $38.53 | ₹17,883 | AED 141.52 |
| Jul 13Tue | $1,213.30 | +1.23% | $39.01 | ₹18,178 | AED 143.27 |
| Jul 14Wed | $1,206.80 | −0.54% | $38.80 | ₹18,022 | AED 142.50 |
| Jul 15Thu | $1,208.10 | +0.11% | $38.84 | ₹18,139 | AED 142.66 |
| Jul 16Fri | $1,188.00 | −1.66% | $38.20 | ₹17,837 | AED 140.28 |
| Jul 19Mon | $1,181.70 | −0.53% | $37.99 | ₹17,951 | AED 139.54 |
| Jul 20Tue | $1,191.50 | +0.83% | $38.31 | ₹18,031 | AED 140.66 |
| Jul 21Wed | $1,191.60 | +0.01% | $38.31 | ₹18,021 | AED 140.70 |
| Jul 22Thu | $1,195.50 | +0.33% | $38.44 | ₹18,023 | AED 141.13 |
| Jul 23Fri | $1,187.70 | −0.65% | $38.19 | ₹17,905 | AED 140.21 |
| Jul 26Mon | $1,183.00 | −0.40% | $38.03 | ₹17,742 | AED 139.66 |
| Jul 27Tue | $1,158.00 | −2.11% | $37.23 | ₹17,383 | AED 136.74 |
| Jul 28Wed | $1,160.40 | +0.21% | $37.31 | ₹17,333 | AED 137.02 |
| Jul 29Thu | $1,168.40 | +0.69% | $37.56 | ₹17,415 | AED 137.97 |
| Jul 30Fri | $1,181.70 | +1.14% | $37.99 | ₹17,613 | AED 139.54 |
How July usually goes for gold
In the 20 years from 2006 to 2025, gold rose in July 13 times out of 20, with an average move of +1.3% and a median of +2.1%. Every July since 1971 →
Gold in July 2010: FAQ
What was the price of gold in July 2010?
Gold traded between $1,158.00 and $1,213.30 per troy ounce (daily closes) in July 2010, averaging $1,191.75. It closed the month at $1,181.70.
How much did gold go down in July 2010?
Gold fell 5.1%, from $1,245.50 to $1,181.70. The biggest daily rise was +1.2% on July 13, 2010 and the biggest fall −3.1% on July 1, 2010.
What was the gold price on July 1, 2010?
Gold closed at $1,206.30 per troy ounce on July 1, 2010, the first trading day of the month. 24K India, ₹ per 10 g: ₹18,058.
Is July usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in July 13 times out of 20, with an average move of +1.3% and a median of +2.1%. Past seasonal patterns are not a reliable guide to any single year.
How much did gold change in rupees in July 2010?
Gold fell 5.2% in Indian rupee terms in July 2010, compared with −5.1% in US dollars.
Did gold beat stocks in July 2010?
No. Gold was −5.1% for the month, against +7.0% for the S&P 500 with dividends.
Did gold keep up with inflation in July 2010?
US consumer prices (CPI) changed +0.02% in July, so gold's real (inflation-adjusted) change was about −5.1%.
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{corgano2026goldpriceinjuly, author = {{Corgano}}, title = {Gold Price in July 2010}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2010/july}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}