Gold Price in September 2012
In September 2012, gold rose 5.1%, from $1,684.60 at the end of August to $1,771.10 per troy ounce on September 28, 2012. The highest close was $1,777.60 on September 27, 2012, the lowest $1,690.80 on September 5, 2012, and the average over 19 trading days was $1,748.81. Today's price is 118.9% higher than the September 2012 close.
Gold ended September higher. What usually happens in October after a higher September →
- Gold rose 5.1% in US dollars in September 2012, leaving it up 13.1% for the year to date.
- Measured in other currencies, the change ranged from +0.2% in INR to +5.0% in EGP, because exchange rates moved too.
- It did better than US stocks (+2.6%), and worse than silver (+10.0%).
- It closed higher on 11 trading days and lower on 8, with an average daily move of 0.56%.
- At the end of the month it was 6.2% below its highest close since 2000.
- Gold/silver ratio: 53.7 → 51.3.
Gold price chart, September 2012
US dollars per troy ounce · daily closeGold in other currencies, September 2012
| Currency | Change in the month |
|---|---|
| EGP | +5.0% |
| PKR | +4.8% |
| CNY | +4.3% |
| JPY | +3.9% |
| CAD | +3.9% |
| AUD | +3.6% |
| TRY | +2.9% |
| CHF | +2.7% |
| GBP | +2.3% |
| EUR | +1.9% |
| ZAR | +1.8% |
| INR | +0.2% |
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 2012
| Asset | Change (USD) |
|---|---|
| Gold | +5.1% |
| Silver | +10.0% |
| S&P 500 (with dividends) | +2.6% |
| US inflation (CPI, month) | +0.45% |
| Gold, year to date (end of September) | +13.1% |
| Gold/silver ratio | 53.7 → 51.3 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, September 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 |
|---|---|---|---|---|---|
| Sep 4Tue | $1,692.90 | +0.49% | $54.43 | ₹30,288 | AED 199.86 |
| Sep 5Wed | $1,690.80 | −0.12% | $54.36 | ₹30,389 | AED 199.62 |
| Sep 6Thu | $1,702.60 | +0.70% | $54.74 | ₹30,467 | AED 201.01 |
| Sep 7Fri | $1,737.50 | +2.05% | $55.86 | ₹31,092 | AED 205.13 |
| Sep 10Mon | $1,728.70 | −0.51% | $55.58 | ₹30,812 | AED 204.09 |
| Sep 11Tue | $1,731.80 | +0.18% | $55.68 | ₹30,811 | AED 204.45 |
| Sep 12Wed | $1,730.60 | −0.07% | $55.64 | ₹30,718 | AED 204.31 |
| Sep 13Thu | $1,769.10 | +2.22% | $56.88 | ₹31,521 | AED 208.86 |
| Sep 14Fri | $1,769.80 | +0.04% | $56.90 | ₹31,533 | AED 208.94 |
| Sep 17Mon | $1,767.70 | −0.12% | $56.83 | ₹30,694 | AED 208.70 |
| Sep 18Tue | $1,768.40 | +0.04% | $56.86 | ₹30,712 | AED 208.77 |
| Sep 19Wed | $1,769.00 | +0.03% | $56.87 | ₹30,723 | AED 208.84 |
| Sep 20Thu | $1,767.70 | −0.07% | $56.83 | ₹30,836 | AED 208.69 |
| Sep 21Fri | $1,775.50 | +0.44% | $57.08 | ₹30,972 | AED 209.61 |
| Sep 24Mon | $1,762.10 | −0.75% | $56.65 | ₹30,291 | AED 208.03 |
| Sep 25Tue | $1,763.80 | +0.10% | $56.71 | ₹30,258 | AED 208.23 |
| Sep 26Wed | $1,750.60 | −0.75% | $56.28 | ₹30,116 | AED 206.67 |
| Sep 27Thu | $1,777.60 | +1.54% | $57.15 | ₹30,295 | AED 209.86 |
| Sep 28Fri | $1,771.10 | −0.37% | $56.94 | ₹30,184 | AED 209.09 |
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 2012: FAQ
What was the price of gold in September 2012?
Gold traded between $1,690.80 and $1,777.60 per troy ounce (daily closes) in September 2012, averaging $1,748.81. It closed the month at $1,771.10.
How much did gold go up in September 2012?
Gold rose 5.1%, from $1,684.60 to $1,771.10. The biggest daily rise was +2.2% on September 13, 2012 and the biggest fall −0.8% on September 24, 2012.
What was the gold price on September 4, 2012?
Gold closed at $1,692.90 per troy ounce on September 4, 2012, the first trading day of the month. 24K India, ₹ per 10 g: ₹30,288.
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.
How much did gold change in rupees in September 2012?
Gold rose 0.2% in Indian rupee terms in September 2012, compared with +5.1% in US dollars.
Did gold beat stocks in September 2012?
Yes. Gold was +5.1% for the month, against +2.6% for the S&P 500 with dividends.
Did gold keep up with inflation in September 2012?
US consumer prices (CPI) changed +0.45% in September, so gold's real (inflation-adjusted) change was about +4.7%.
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{corgano2026goldpriceinseptember, author = {{Corgano}}, title = {Gold Price in September 2012}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2012/september}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}