Gold Price in July 2022
In July 2022, gold fell 0.8%, from $1,801.50 at the end of June to $1,787.70 per troy ounce on July 31, 2022. The highest close was $1,801.50 on July 1, 2022, the lowest $1,700.20 on July 19, 2022, and the average over 25 trading days was $1,733.61. Today's price is 116.9% higher than the July 2022 close.
Gold ended July lower. What usually happens in August after a lower July →
- Gold fell 0.8% in US dollars in July 2022, leaving it down 2.2% for the year to date.
- Measured in other currencies, the change ranged from −2.5% in JPY to +6.5% in TRY, because exchange rates moved too.
- It did worse than silver (+3.7%), bitcoin (+18.0%) and US stocks (+9.2%).
- It closed higher on 11 trading days and lower on 9, with an average daily move of 0.59%.
- At the end of the month it was 13.6% below its highest close since 2000.
- Gold/silver ratio: 91.9 → 88.0.
Gold price chart, July 2022
US dollars per troy ounce · daily closeGold in other currencies, July 2022
| Currency | Change in the month |
|---|---|
| TRY | +6.5% |
| EUR | +1.9% |
| ZAR | +1.4% |
| PKR | +1.3% |
| EGP | 0.0% |
| CNY | −0.1% |
| INR | −0.5% |
| GBP | −0.8% |
| CHF | −1.0% |
| CAD | −1.2% |
| AUD | −1.8% |
| JPY | −2.5% |
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 2022
| Asset | Change (USD) |
|---|---|
| Gold | −0.8% |
| Silver | +3.7% |
| Bitcoin | +18.0% |
| S&P 500 (with dividends) | +9.2% |
| US inflation (CPI, month) | −0.01% |
| Gold, year to date (end of July) | −2.2% |
| Gold/silver ratio | 91.9 → 88.0 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, July 2022
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 1Fri | $1,801.50 | 0.00% | $57.92 | ₹45,735 | AED 212.69 |
| Jul 4Mon | $1,763.90 | −2.09% | $56.71 | ₹44,767 | AED 208.25 |
| Jul 5Tue | $1,736.50 | −1.55% | $55.83 | ₹44,311 | AED 205.01 |
| Jul 6Wed | $1,739.70 | +0.18% | $55.93 | ₹44,211 | AED 205.39 |
| Jul 7Thu | $1,742.30 | +0.15% | $56.02 | ₹44,377 | AED 205.70 |
| Jul 8Fri | $1,742.30 | 0.00% | $56.02 | ₹44,377 | AED 205.70 |
| Jul 10Sun | $1,731.70 | −0.61% | $55.68 | ₹44,168 | AED 204.48 |
| Jul 11Mon | $1,724.80 | −0.40% | $55.45 | ₹44,073 | AED 203.63 |
| Jul 12Tue | $1,735.50 | +0.62% | $55.80 | ₹44,346 | AED 204.89 |
| Jul 13Wed | $1,705.80 | −1.71% | $54.84 | ₹43,769 | AED 201.39 |
| Jul 14Thu | $1,703.60 | −0.13% | $54.77 | ₹43,751 | AED 201.13 |
| Jul 15Fri | $1,703.60 | 0.00% | $54.77 | ₹43,751 | AED 201.13 |
| Jul 17Sun | $1,710.20 | +0.39% | $54.98 | ₹43,834 | AED 201.94 |
| Jul 18Mon | $1,710.70 | +0.03% | $55.00 | ₹44,017 | AED 201.97 |
| Jul 19Tue | $1,700.20 | −0.61% | $54.66 | ₹43,651 | AED 200.73 |
| Jul 20Wed | $1,713.40 | +0.78% | $55.09 | ₹44,072 | AED 202.29 |
| Jul 21Thu | $1,727.40 | +0.82% | $55.54 | ₹44,305 | AED 203.94 |
| Jul 22Fri | $1,727.40 | 0.00% | $55.54 | ₹44,305 | AED 203.94 |
| Jul 24Sun | $1,719.10 | −0.48% | $55.27 | ₹44,148 | AED 202.99 |
| Jul 25Mon | $1,717.70 | −0.08% | $55.23 | ₹44,027 | AED 202.79 |
| Jul 26Tue | $1,719.10 | +0.08% | $55.27 | ₹44,129 | AED 202.96 |
| Jul 27Wed | $1,750.30 | +1.81% | $56.27 | ₹44,933 | AED 206.64 |
| Jul 28Thu | $1,762.90 | +0.72% | $56.68 | ₹45,100 | AED 208.13 |
| Jul 29Fri | $1,762.90 | 0.00% | $56.68 | ₹45,100 | AED 208.13 |
| Jul 31Sun | $1,787.70 | +1.41% | $57.48 | ₹45,518 | AED 211.09 |
How July usually goes for gold
In the 20 years from 2006 to 2025, gold rose in July 14 times out of 20, with an average move of +1.7% and a median of +1.8%. Every July since 1971 →
Gold in July 2022: FAQ
What was the price of gold in July 2022?
Gold traded between $1,700.20 and $1,801.50 per troy ounce (daily closes) in July 2022, averaging $1,733.61. It closed the month at $1,787.70.
How much did gold go down in July 2022?
Gold fell 0.8%, from $1,801.50 to $1,787.70. The biggest daily rise was +1.8% on July 27, 2022 and the biggest fall −2.1% on July 4, 2022.
What was the gold price on July 1, 2022?
Gold closed at $1,801.50 per troy ounce on July 1, 2022, the first trading day of the month. 24K India, ₹ per 10 g: ₹45,735.
Is July usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in July 14 times out of 20, with an average move of +1.7% 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 July 2022?
Gold fell 0.5% in Indian rupee terms in July 2022, compared with −0.8% in US dollars.
Did gold beat stocks in July 2022?
No. Gold was −0.8% for the month, against +9.2% for the S&P 500 with dividends.
Did gold keep up with inflation in July 2022?
US consumer prices (CPI) changed −0.01% in July, so gold's real (inflation-adjusted) change was about −0.8%.
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{corgano2026goldpriceinjuly, author = {{Corgano}}, title = {Gold Price in July 2022}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2022/july}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-11-01}}