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Gold Price in 2001 | Historical Gold Prices

Annual summary, monthly averages, and key events that shaped gold prices in 2001

200020012002

Jan 1

$269

Opening Price

Dec 31

$277

Closing Price

Year High

$293

Annual High

Year Low

$256

Annual Low

Annual Avg

$271

Average Price

vs 2000

+1.1%

Annual Change

Monthly Gold Price Chart — 2001

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low: $260High: $283

Monthly Average Gold Prices — 2001

MonthAvg Price (USD/oz)vs Prev Month
Jan 2001$265-1.5%
Feb 2001$261-1.5%
Mar 2001$263+0.8%
Apr 2001$260-1.1%
May 2001$270+3.8%
Jun 2001$268-0.7%
Jul 2001$267-0.4%
Aug 2001$272+1.9%
Sep 2001$283+4.0%
Oct 2001$283+0.0%
Nov 2001$275-2.8%
Dec 2001$274-0.4%

What Happened to Gold in 2001?

Gold began recovering in 2001 as the dot-com bust unfolded and equity markets corrected. The September 11 attacks drove a brief flight to safety, but prices remained range-bound for most of the year. The US entered recession and the Fed began cutting rates — laying the groundwork for gold's secular bull market.

Browse All Years

2000-5.5%2001+1.1%2002+25.2%2003+19.9%2004+5.3%2005+17.1%2006+23.9%2007+31.1%2008+4.3%2009+24.9%2010+29.5%2011+10.2%2012+7%2013-28.3%2014-1.7%2015-10.5%2016+8.6%2017+13.1%2018-1.8%2019+18.6%2020+25.1%2021-4.3%2022+1%2023+13.1%2024+27.3%2025+12.4%2026+54.7%

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