Gold Price in July 2017
In July 2017, gold rose 2.1%, from $1,240.70 at the end of June to $1,266.60 per troy ounce on July 31, 2017. The highest close was $1,268.40 on July 28, 2017, the lowest $1,208.60 on July 7, 2017, and the average over 20 trading days was $1,235.96. Today's price is 206.1% higher than the July 2017 close.
Gold ended July higher. What usually happens in August after a higher July →
- Gold rose 2.1% in US dollars in July 2017, leaving it up 10.1% for the year to date.
- Measured in other currencies, the change ranged from −1.9% in AUD to +4.2% in PKR, because exchange rates moved too.
- It did better than silver (+1.1%) and US stocks (+2.1%), and worse than bitcoin (+15.9%).
- It closed higher on 13 trading days and lower on 7, with an average daily move of 0.47%.
- At the end of the month it was 32.9% below its highest close since 2000.
- Gold/silver ratio: 74.9 → 75.6.
Gold price chart, July 2017
US dollars per troy ounce · daily closeGold in other currencies, July 2017
| Currency | Change in the month |
|---|---|
| PKR | +4.2% |
| ZAR | +3.5% |
| CHF | +3.4% |
| TRY | +1.9% |
| CNY | +1.2% |
| INR | +1.1% |
| EGP | +0.8% |
| GBP | +0.7% |
| JPY | +0.6% |
| EUR | −1.2% |
| CAD | −1.7% |
| AUD | −1.9% |
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 2017
| Asset | Change (USD) |
|---|---|
| Gold | +2.1% |
| Silver | +1.1% |
| Bitcoin | +15.9% |
| S&P 500 (with dividends) | +2.1% |
| US inflation (CPI, month) | −0.07% |
| Gold, year to date (end of July) | +10.1% |
| Gold/silver ratio | 74.9 → 75.6 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, July 2017
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 3Mon | $1,217.90 | −1.84% | $39.16 | ₹25,390 | AED 143.78 |
| Jul 5Wed | $1,220.40 | +0.21% | $39.24 | ₹25,422 | AED 144.08 |
| Jul 6Thu | $1,222.20 | +0.15% | $39.29 | ₹25,429 | AED 144.33 |
| Jul 7Fri | $1,208.60 | −1.11% | $38.86 | ₹25,146 | AED 142.72 |
| Jul 10Mon | $1,212.10 | +0.29% | $38.97 | ₹25,179 | AED 143.10 |
| Jul 11Tue | $1,213.60 | +0.12% | $39.02 | ₹25,177 | AED 143.27 |
| Jul 12Wed | $1,218.10 | +0.37% | $39.16 | ₹25,207 | AED 143.81 |
| Jul 13Thu | $1,216.30 | −0.15% | $39.10 | ₹25,194 | AED 143.59 |
| Jul 14Fri | $1,226.60 | +0.85% | $39.44 | ₹25,407 | AED 144.81 |
| Jul 17Mon | $1,232.80 | +0.51% | $39.64 | ₹25,497 | AED 145.54 |
| Jul 18Tue | $1,241.10 | +0.67% | $39.90 | ₹25,660 | AED 146.52 |
| Jul 19Wed | $1,241.20 | +0.01% | $39.91 | ₹25,645 | AED 146.53 |
| Jul 20Thu | $1,244.80 | +0.29% | $40.02 | ₹25,744 | AED 146.96 |
| Jul 21Fri | $1,254.30 | +0.76% | $40.33 | ₹25,940 | AED 148.08 |
| Jul 24Mon | $1,253.90 | −0.03% | $40.31 | ₹25,948 | AED 148.03 |
| Jul 25Tue | $1,251.70 | −0.18% | $40.24 | ₹25,935 | AED 147.78 |
| Jul 26Wed | $1,249.00 | −0.22% | $40.16 | ₹25,838 | AED 147.45 |
| Jul 27Thu | $1,259.60 | +0.85% | $40.50 | ₹25,993 | AED 148.71 |
| Jul 28Fri | $1,268.40 | +0.70% | $40.78 | ₹26,175 | AED 149.75 |
| Jul 31Mon | $1,266.60 | −0.14% | $40.72 | ₹26,139 | AED 149.54 |
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 2017: FAQ
What was the price of gold in July 2017?
Gold traded between $1,208.60 and $1,268.40 per troy ounce (daily closes) in July 2017, averaging $1,235.96. It closed the month at $1,266.60.
How much did gold go up in July 2017?
Gold rose 2.1%, from $1,240.70 to $1,266.60. The biggest daily rise was +0.8% on July 27, 2017 and the biggest fall −1.8% on July 3, 2017.
What was the gold price on July 3, 2017?
Gold closed at $1,217.90 per troy ounce on July 3, 2017, the first trading day of the month. 24K India, ₹ per 10 g: ₹25,390.
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 2017?
Gold rose 1.1% in Indian rupee terms in July 2017, compared with +2.1% in US dollars.
Did gold beat stocks in July 2017?
Yes. Gold was +2.1% for the month, against +2.1% for the S&P 500 with dividends.
Did gold keep up with inflation in July 2017?
US consumer prices (CPI) changed −0.07% in July, so gold's real (inflation-adjusted) change was about +2.2%.
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 2017}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2017/july}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}