Gold Price in 2024
Gold averaged $2,409.62 an ounce in 2024, ranging from $2,004.30 to $2,800.80, and ended the year up 27.5% at $2,641.00. The highest close was $2,800.80 on October 29, 2024 and the lowest $2,004.30 on February 14, 2024; the year started from $2,071.80, the close at the end of 2023. Today's price is 46.8% above the 2024 close.
Gold price chart, 2024
USD per troy ounce · daily closeMonthly Gold Prices in 2024
Month-end close and range, US dollars per troy ounce. Choose a month for every day's price.
| Month | Close | High | Low | Change |
|---|---|---|---|---|
| January | $2,048.40 | $2,073.40 | $2,006.50 | −1.1% |
| February | $2,054.70 | $2,071.10 | $2,004.30 | +0.3% |
| March | $2,257.10 | $2,257.10 | $2,095.70 | +9.9% |
| April | $2,311.00 | $2,413.80 | $2,281.80 | +2.4% |
| May | $2,322.90 | $2,438.50 | $2,308.60 | +0.5% |
| June | $2,338.90 | $2,390.90 | $2,313.20 | +0.7% |
| July | $2,480.80 | $2,480.80 | $2,333.40 | +6.1% |
| August | $2,527.60 | $2,560.30 | $2,431.60 | +1.9% |
| September | $2,690.30 | $2,694.90 | $2,523.00 | +6.4% |
| October | $2,749.20 | $2,800.80 | $2,626.00 | +2.2% |
| November | $2,657.00 | $2,749.70 | $2,570.10 | −3.4% |
| December | $2,641.00 | $2,756.70 | $2,608.10 | −0.6% |
Gold in 2024 at a Glance
- Gold rose 27.5% in US dollars. In EGP terms it rose 109.7%, and in PKR terms it rose 25.3% — the difference comes from currency moves.
- It did better than Silver (+21.3%) and S&P 500 (with dividends) (+25.0%).
- It did worse than Bitcoin (+121.1%).
- After US inflation of 2.9%, the real change was +23.9%.
- It set 45 record closing highs (London price, records since 1968), the last on 30 Oct.
- In the futures market, managed money (speculators) went from net long 106,454 to net long 166,169 contracts.
Key Events in 2024
What happened, and how gold moved that day (or the next trading day) and about a month later.
- Tuesday, November 5Donald Trump wins the US presidential election. SourceGold: +0.1% that day · −2.5% a month later
Gold in 2024: records, milestones and the London price chart →
Gold in other currencies, 2024
| Currency | Change |
|---|---|
| EGP | +109.7% |
| TRY | +52.5% |
| JPY | +41.5% |
| AUD | +39.9% |
| CAD | +38.3% |
| CHF | +36.5% |
| EUR | +35.6% |
| INR | +32.9% |
| CNY | +30.9% |
| GBP | +29.4% |
| ZAR | +28.8% |
| PKR | +25.3% |
Price in each currency at the year-end exchange rate, year-end to year-end. A falling currency makes gold rise more in local terms.
Gold vs other assets, 2024
| Asset | Change (USD) |
|---|---|
| Silver | +21.3% |
| Bitcoin | +121.1% |
| S&P 500 (with dividends) | +25.0% |
| US inflation (CPI) | +2.9% |
Gold Price on Festivals in 2024
| Festival | Date | Price |
|---|---|---|
| Chinese New Year | Sat 10 Feb | ¥465.83 24K ¥/g |
| Gudi Padwa | Tue 9 Apr | ₹63,211 24K ₹/10 g |
| Eid al-Fitr | Wed 10 Apr | AED 277.21 24K AED/g |
| Akshaya Tritiya | Fri 10 May | ₹63,728 24K ₹/10 g |
| Eid al-Adha | Sun 16 Jun | AED 277.33 24K AED/g |
| Navratri | Thu 3 Oct | ₹72,364 24K ₹/10 g |
| Dussehra | Sat 12 Oct | ₹72,231 24K ₹/10 g |
| Dhanteras | Tue 29 Oct | ₹75,200 24K ₹/10 g |
| Diwali | Fri 1 Nov | ₹74,327 24K ₹/10 g |
International price converted at that day's rate, before local taxes and making charges.
Futures positioning: managed money (speculators) held a net long position of 166,169 contracts on 31 Dec 2024, against net long 106,454 a year earlier. COT report →
Gold in 2024: FAQ
What was the price of gold in 2024?
Gold traded between $2,004.30 and $2,800.80 per troy ounce in 2024 (daily closes), averaging $2,409.62. It closed the year at $2,641.00.
How much did gold go up in 2024?
Gold rose 27.5% in 2024, from $2,071.80 to $2,641.00 per ounce.
What was the highest gold price in 2024?
The highest daily close in 2024 was $2,800.80 per troy ounce on October 29, 2024.
What was the best month for gold in 2024?
March (+9.9%). The weakest was November (−3.4%).
How much did gold rise in rupees in 2024?
Gold rose 32.9% in Indian rupee terms in 2024, compared with +27.5% in US dollars.
Did gold beat the stock market in 2024?
Yes. Gold was +27.5% for the year, against +25.0% for the S&P 500 with dividends reinvested.
What was the biggest event for gold in 2024?
Of the key events listed on this page, the biggest one-day reaction was on 5 November: Donald Trump wins the US presidential election. Gold moved +0.1% that day.
Daily closing prices of COMEX front-month gold futures (US dollars per troy ounce), which track the spot price closely. Download the full daily series as CSV or get any year from the free gold price API (free to use with a link to this site).
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{corgano2026goldpricein2024, author = {{Corgano}}, title = {Gold Price in 2024}, howpublished = {\url{https://goldprice.corgano.com/gold-price-history/2024}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-11-01}}