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Gold Price in 2011 | Historical Gold Prices

Annual summary, monthly averages, and key events that shaped gold prices in 2011

← 201020112012 →

Jan 1

$1,422

Opening Price

Dec 31

$1,566

Closing Price

Year High

$1,920

Annual High

Year Low

$1,319

Annual Low

Annual Avg

$1,573

Average Price

vs 2010

+10.2%

Annual Change

Monthly Gold Price Chart — 2011

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low: $1,356High: $1,772

Monthly Average Gold Prices — 2011

MonthAvg Price (USD/oz)vs Prev Month
Jan 2011$1,356-4.6%
Feb 2011$1,372+1.2%
Mar 2011$1,424+3.8%
Apr 2011$1,473+3.4%
May 2011$1,515+2.9%
Jun 2011$1,530+1.0%
Jul 2011$1,575+2.9%
Aug 2011$1,757+11.6%
Sep 2011$1,772+0.9%
Oct 2011$1,665-6.0%
Nov 2011$1,740+4.5%
Dec 2011$1,655-4.9%

What Happened to Gold in 2011?

Gold reached its then-all-time high of $1,920.65 on September 6, 2011, driven by the US debt ceiling crisis, S&P's downgrade of US credit, and the deepening Eurozone crisis. However, gold then corrected sharply from its peak as the crisis stabilized and the ECB intervened. The average for 2011 was still the highest to that date at $1,573.

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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