Gold Price in July 2012
In July 2012, gold rose 0.4%, from $1,603.50 at the end of June to $1,610.50 per troy ounce on July 31, 2012. The highest close was $1,621.30 on July 3, 2012, the lowest $1,564.90 on July 12, 2012, and the average over 21 trading days was $1,592.52. Today's price is 140.7% higher than the July 2012 close.
Gold ended July higher. What usually happens in August after a higher July →
- Gold rose 0.4% in US dollars in July 2012, leaving it up 2.9% for the year to date.
- Measured in other currencies, the change ranged from −3.9% in AUD to +2.0% in PKR, because exchange rates moved too.
- It did worse than silver (+1.1%) and US stocks (+1.4%).
- It closed higher on 9 trading days and lower on 12, with an average daily move of 0.68%.
- At the end of the month it was 14.7% below its highest close since 2000.
- Gold/silver ratio: 58.1 → 57.7.
Gold price chart, July 2012
US dollars per troy ounce · daily closeGold in other currencies, July 2012
| Currency | Change in the month |
|---|---|
| PKR | +2.0% |
| CHF | +1.7% |
| EUR | +1.6% |
| EGP | +0.7% |
| CNY | +0.5% |
| GBP | −0.5% |
| JPY | −1.1% |
| ZAR | −1.2% |
| TRY | −1.4% |
| INR | −1.6% |
| CAD | −2.5% |
| AUD | −3.9% |
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 2012
| Asset | Change (USD) |
|---|---|
| Gold | +0.4% |
| Silver | +1.1% |
| S&P 500 (with dividends) | +1.4% |
| US inflation (CPI, month) | −0.16% |
| Gold, year to date (end of July) | +2.9% |
| Gold/silver ratio | 58.1 → 57.7 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Key Events in July 2012
- Thursday, July 26ECB President Mario Draghi says the ECB is ready to do "whatever it takes" to preserve the euro. SourceGold: +0.4% that day
Daily Gold Prices, July 2012
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 2Mon | $1,597.20 | −0.39% | $51.35 | ₹28,463 | AED 188.57 |
| Jul 3Tue | $1,621.30 | +1.51% | $52.13 | ₹28,335 | AED 191.41 |
| Jul 5Thu | $1,608.90 | −0.76% | $51.73 | ₹28,418 | AED 189.94 |
| Jul 6Fri | $1,578.40 | −1.90% | $50.75 | ₹27,879 | AED 186.34 |
| Jul 9Mon | $1,588.60 | +0.65% | $51.07 | ₹28,522 | AED 187.55 |
| Jul 10Tue | $1,579.30 | −0.59% | $50.78 | ₹28,124 | AED 186.45 |
| Jul 11Wed | $1,575.20 | −0.26% | $50.64 | ₹28,167 | AED 185.96 |
| Jul 12Thu | $1,564.90 | −0.65% | $50.31 | ₹28,139 | AED 184.75 |
| Jul 13Fri | $1,591.60 | +1.71% | $51.17 | ₹28,619 | AED 187.90 |
| Jul 16Mon | $1,591.20 | −0.03% | $51.16 | ₹28,162 | AED 187.85 |
| Jul 17Tue | $1,589.10 | −0.13% | $51.09 | ₹28,150 | AED 187.61 |
| Jul 18Wed | $1,570.40 | −1.18% | $50.49 | ₹27,927 | AED 185.40 |
| Jul 19Thu | $1,580.10 | +0.62% | $50.80 | ₹28,001 | AED 186.54 |
| Jul 20Fri | $1,582.50 | +0.15% | $50.88 | ₹28,043 | AED 186.83 |
| Jul 23Mon | $1,577.10 | −0.34% | $50.70 | ₹28,376 | AED 186.19 |
| Jul 24Tue | $1,576.00 | −0.07% | $50.67 | ₹28,430 | AED 186.06 |
| Jul 25Wed | $1,608.00 | +2.03% | $51.70 | ₹29,033 | AED 189.84 |
| Jul 26Thu | $1,615.00 | +0.44% | $51.92 | ₹28,827 | AED 190.66 |
| Jul 27Fri | $1,617.90 | +0.18% | $52.02 | ₹28,879 | AED 191.01 |
| Jul 30Mon | $1,619.70 | +0.11% | $52.07 | ₹28,861 | AED 191.22 |
| Jul 31Tue | $1,610.50 | −0.57% | $51.78 | ₹28,814 | AED 190.13 |
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 2012: FAQ
What was the price of gold in July 2012?
Gold traded between $1,564.90 and $1,621.30 per troy ounce (daily closes) in July 2012, averaging $1,592.52. It closed the month at $1,610.50.
How much did gold go up in July 2012?
Gold rose 0.4%, from $1,603.50 to $1,610.50. The biggest daily rise was +2.0% on July 25, 2012 and the biggest fall −1.9% on July 6, 2012.
What was the gold price on July 2, 2012?
Gold closed at $1,597.20 per troy ounce on July 2, 2012, the first trading day of the month. 24K India, ₹ per 10 g: ₹28,463.
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 2012?
Gold fell 1.6% in Indian rupee terms in July 2012, compared with +0.4% in US dollars.
Did gold beat stocks in July 2012?
No. Gold was +0.4% for the month, against +1.4% for the S&P 500 with dividends.
Did gold keep up with inflation in July 2012?
US consumer prices (CPI) changed −0.16% in July, so gold's real (inflation-adjusted) change was about +0.6%.
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 2012}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2012/july}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}