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Gold Price in 2001 | Historical Gold Prices
Annual summary, monthly averages, and key events that shaped gold prices in 2001
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
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.