Gold Price in October 2012
In October 2012, gold fell 3.7%, from $1,780.50 at the end of September to $1,714.10 per troy ounce on October 31, 2012. The highest close was $1,794.10 on October 3, 2012, the lowest $1,700.50 on October 23, 2012, and the average over 25 trading days was $1,744.25. Today's price is 126.2% higher than the October 2012 close.
Gold ended October lower. What usually happens in November after a lower October →
- Gold fell 3.7% in US dollars in October 2012, leaving it up 9.5% for the year to date.
- Measured in other currencies, the change ranged from −4.9% in EUR to 0.0% in ZAR, because exchange rates moved too.
- It did better than silver (−7.6%), and worse than US stocks (−1.8%).
- It closed higher on 9 trading days and lower on 12, with an average daily move of 0.44%.
- At the end of the month it was 9.2% below its highest close since 2000.
- Gold/silver ratio: 51.0 → 53.2.
Gold price chart, October 2012
US dollars per troy ounce · daily closeGold in other currencies, October 2012
| Currency | Change in the month |
|---|---|
| ZAR | 0.0% |
| JPY | −1.6% |
| INR | −1.7% |
| CAD | −2.2% |
| EGP | −2.8% |
| PKR | −3.2% |
| GBP | −3.4% |
| TRY | −3.7% |
| AUD | −3.8% |
| CNY | −4.4% |
| CHF | −4.9% |
| EUR | −4.9% |
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, October 2012
| Asset | Change (USD) |
|---|---|
| Gold | −3.7% |
| Silver | −7.6% |
| S&P 500 (with dividends) | −1.8% |
| US inflation (CPI, month) | −0.04% |
| Gold, year to date (end of October) | +9.5% |
| Gold/silver ratio | 51.0 → 53.2 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, October 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 |
|---|---|---|---|---|---|
| Oct 1Mon | $1,772.70 | −0.44% | $56.99 | ₹29,864 | AED 209.28 |
| Oct 2Tue | $1,777.30 | +0.26% | $57.14 | ₹29,941 | AED 209.82 |
| Oct 3Wed | $1,794.10 | +0.95% | $57.68 | ₹30,083 | AED 211.81 |
| Oct 4Thu | $1,778.60 | −0.86% | $57.18 | ₹29,586 | AED 209.98 |
| Oct 5Fri | $1,778.60 | 0.00% | $57.18 | ₹29,586 | AED 209.98 |
| Oct 7Sun | $1,773.50 | −0.29% | $57.02 | ₹29,598 | AED 209.38 |
| Oct 8Mon | $1,763.00 | −0.59% | $56.68 | ₹29,836 | AED 208.14 |
| Oct 9Tue | $1,763.20 | +0.01% | $56.69 | ₹29,885 | AED 208.16 |
| Oct 10Wed | $1,768.80 | +0.32% | $56.87 | ₹30,165 | AED 208.82 |
| Oct 11Thu | $1,758.00 | −0.61% | $56.52 | ₹29,768 | AED 207.60 |
| Oct 12Fri | $1,758.00 | 0.00% | $56.52 | ₹29,768 | AED 207.60 |
| Oct 14Sun | $1,736.00 | −1.25% | $55.81 | ₹29,471 | AED 204.95 |
| Oct 15Mon | $1,744.70 | +0.50% | $56.09 | ₹29,737 | AED 205.97 |
| Oct 16Tue | $1,751.50 | +0.39% | $56.31 | ₹29,771 | AED 206.78 |
| Oct 17Wed | $1,743.30 | −0.47% | $56.05 | ₹29,632 | AED 205.81 |
| Oct 18Thu | $1,722.80 | −1.18% | $55.39 | ₹29,582 | AED 203.40 |
| Oct 19Fri | $1,722.80 | 0.00% | $55.39 | ₹29,582 | AED 203.40 |
| Oct 21Sun | $1,725.10 | +0.13% | $55.46 | ₹29,860 | AED 203.66 |
| Oct 22Mon | $1,708.30 | −0.97% | $54.92 | ₹29,366 | AED 201.68 |
| Oct 23Tue | $1,700.50 | −0.46% | $54.67 | ₹29,369 | AED 200.76 |
| Oct 24Wed | $1,712.00 | +0.68% | $55.04 | ₹29,576 | AED 202.11 |
| Oct 25Thu | $1,710.90 | −0.06% | $55.01 | ₹29,455 | AED 201.98 |
| Oct 26Fri | $1,710.90 | 0.00% | $55.01 | ₹29,455 | AED 201.98 |
| Oct 30Tue | $1,717.50 | +0.39% | $55.22 | ₹29,861 | AED 202.76 |
| Oct 31Wed | $1,714.10 | −0.20% | $55.11 | ₹29,736 | AED 202.36 |
How October usually goes for gold
In the 20 years from 2006 to 2025, gold rose in October 13 times out of 20, with an average move of +0.5% and a median of +2.1%. Every October since 1971 →
Gold in October 2012: FAQ
What was the price of gold in October 2012?
Gold traded between $1,700.50 and $1,794.10 per troy ounce (daily closes) in October 2012, averaging $1,744.25. It closed the month at $1,714.10.
How much did gold go down in October 2012?
Gold fell 3.7%, from $1,780.50 to $1,714.10. The biggest daily rise was +0.9% on October 3, 2012 and the biggest fall −1.3% on October 14, 2012.
What was the gold price on October 1, 2012?
Gold closed at $1,772.70 per troy ounce on October 1, 2012, the first trading day of the month. 24K India, ₹ per 10 g: ₹29,864.
Is October usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in October 13 times out of 20, with an average move of +0.5% 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 October 2012?
Gold fell 1.7% in Indian rupee terms in October 2012, compared with −3.7% in US dollars.
Did gold beat stocks in October 2012?
No. Gold was −3.7% for the month, against −1.8% for the S&P 500 with dividends.
Did gold keep up with inflation in October 2012?
US consumer prices (CPI) changed −0.04% in October, so gold's real (inflation-adjusted) change was about −3.7%.
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{corgano2026goldpriceinoctober, author = {{Corgano}}, title = {Gold Price in October 2012}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2012/october}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-11-01}}