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Gold Price in 2018 | Historical Gold Prices
Annual summary, monthly averages, and key events that shaped gold prices in 2018
Jan 1
$1,312
Opening Price
Dec 31
$1,279
Closing Price
Year High
$1,360
Annual High
Year Low
$1,178
Annual Low
Annual Avg
$1,268
Average Price
vs 2017
-1.8%
Annual Change
Monthly Gold Price Chart — 2018
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low: $1,190High: $1,338
What Happened to Gold in 2018?
Gold faced headwinds from four Fed rate hikes, a surging USD, and robust US economic growth. Trade war fears initially helped gold in Q1, but the rising dollar dominated for most of the year. Emerging market stress (Turkey, Argentina) created demand but couldn't offset the strong-dollar headwind. Gold ended down 1.8%.