Gold Price in December 2019
In December 2019, gold rose 3.7%, from $1,465.60 at the end of November to $1,519.50 per troy ounce on December 31, 2019. The highest close was $1,519.50 on December 31, 2019, the lowest $1,459.10 on December 6, 2019, and the average over 21 trading days was $1,480.85. Today's price is 155.1% higher than the December 2019 close.
Gold ended December higher. What usually happens in January after a higher December →
- Gold rose 3.7% in US dollars in December 2019, leaving it up 18.9% for the year to date.
- Measured in other currencies, the change ranged from −0.6% in ZAR to +7.1% in TRY, because exchange rates moved too.
- It did better than bitcoin (−5.0%) and US stocks (+3.0%), and worse than silver (+5.1%).
- It closed higher on 13 trading days and lower on 8, with an average daily move of 0.40%.
- At the end of the month it was 19.5% below its highest close since 2000.
- Gold/silver ratio: 86.4 → 85.2.
Gold price chart, December 2019
US dollars per troy ounce · daily closeGold in other currencies, December 2019
| Currency | Change in the month |
|---|---|
| TRY | +7.1% |
| PKR | +4.1% |
| INR | +3.3% |
| EGP | +3.2% |
| JPY | +3.1% |
| CNY | +3.0% |
| GBP | +2.1% |
| CAD | +2.0% |
| EUR | +1.9% |
| CHF | +0.6% |
| AUD | +0.2% |
| ZAR | −0.6% |
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, December 2019
| Asset | Change (USD) |
|---|---|
| Gold | +3.7% |
| Silver | +5.1% |
| Bitcoin | −5.0% |
| S&P 500 (with dividends) | +3.0% |
| US inflation (CPI, month) | −0.09% |
| Gold, year to date (end of December) | +18.9% |
| Gold/silver ratio | 86.4 → 85.2 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, December 2019
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 |
|---|---|---|---|---|---|
| Dec 2Mon | $1,462.30 | −0.23% | $47.01 | ₹33,720 | AED 172.66 |
| Dec 3Tue | $1,478.20 | +1.09% | $47.53 | ₹34,040 | AED 174.52 |
| Dec 4Wed | $1,474.00 | −0.28% | $47.39 | ₹34,102 | AED 174.03 |
| Dec 5Thu | $1,476.90 | +0.20% | $47.48 | ₹33,941 | AED 174.37 |
| Dec 6Fri | $1,459.10 | −1.21% | $46.91 | ₹33,488 | AED 172.27 |
| Dec 9Mon | $1,459.30 | +0.01% | $46.92 | ₹33,446 | AED 172.31 |
| Dec 10Tue | $1,462.60 | +0.23% | $47.02 | ₹33,368 | AED 172.68 |
| Dec 11Wed | $1,469.40 | +0.46% | $47.24 | ₹33,547 | AED 173.48 |
| Dec 12Thu | $1,466.70 | −0.18% | $47.16 | ₹33,353 | AED 173.16 |
| Dec 13Fri | $1,475.60 | +0.61% | $47.44 | ₹33,475 | AED 174.22 |
| Dec 16Mon | $1,475.00 | −0.04% | $47.42 | ₹33,522 | AED 174.17 |
| Dec 17Tue | $1,474.60 | −0.03% | $47.41 | ₹33,623 | AED 174.10 |
| Dec 18Wed | $1,472.60 | −0.14% | $47.35 | ₹33,717 | AED 173.86 |
| Dec 19Thu | $1,478.20 | +0.38% | $47.53 | ₹33,738 | AED 174.52 |
| Dec 20Fri | $1,474.70 | −0.24% | $47.41 | ₹33,769 | AED 174.11 |
| Dec 23Mon | $1,482.50 | +0.53% | $47.66 | ₹33,853 | AED 175.05 |
| Dec 24Tue | $1,499.10 | +1.12% | $48.20 | ₹34,322 | AED 176.99 |
| Dec 26Thu | $1,509.30 | +0.68% | $48.53 | ₹34,715 | AED 178.05 |
| Dec 27Fri | $1,513.80 | +0.30% | $48.67 | ₹34,702 | AED 178.75 |
| Dec 30Mon | $1,514.50 | +0.05% | $48.69 | ₹34,724 | AED 178.78 |
| Dec 31Tue | $1,519.50 | +0.33% | $48.85 | ₹34,838 | AED 179.40 |
How December usually goes for gold
In the 20 years from 2006 to 2025, gold rose in December 12 times out of 20, with an average move of +1.0% and a median of +1.8%. Every December since 1971 →
Gold in December 2019: FAQ
What was the price of gold in December 2019?
Gold traded between $1,459.10 and $1,519.50 per troy ounce (daily closes) in December 2019, averaging $1,480.85. It closed the month at $1,519.50.
How much did gold go up in December 2019?
Gold rose 3.7%, from $1,465.60 to $1,519.50. The biggest daily rise was +1.1% on December 24, 2019 and the biggest fall −1.2% on December 6, 2019.
What was the gold price on December 2, 2019?
Gold closed at $1,462.30 per troy ounce on December 2, 2019, the first trading day of the month. 24K India, ₹ per 10 g: ₹33,720.
Is December usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in December 12 times out of 20, with an average move of +1.0% and a median of +1.8%. Past seasonal patterns are not a reliable guide to any single year.
How much did gold change in rupees in December 2019?
Gold rose 3.3% in Indian rupee terms in December 2019, compared with +3.7% in US dollars.
Did gold beat stocks in December 2019?
Yes. Gold was +3.7% for the month, against +3.0% for the S&P 500 with dividends.
Did gold keep up with inflation in December 2019?
US consumer prices (CPI) changed −0.09% in December, so gold's real (inflation-adjusted) change was about +3.8%.
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{corgano2026goldpriceindecember, author = {{Corgano}}, title = {Gold Price in December 2019}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2019/december}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}