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Gold Price in 2021 | Historical Gold Prices
Annual summary, monthly averages, and key events that shaped gold prices in 2021
Jan 1
$1,898
Opening Price
Dec 31
$1,806
Closing Price
Year High
$1,959
Annual High
Year Low
$1,683
Annual Low
Annual Avg
$1,799
Average Price
vs 2020
-4.3%
Annual Change
Monthly Gold Price Chart — 2021
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low: $1,726High: $1,856
What Happened to Gold in 2021?
Gold pulled back 4.3% in 2021 despite surging inflation — a surprise given gold's traditional inflation hedge role. Real yields rose sharply as nominal yields increased faster than inflation expectations. Bitcoin and other risk assets competed for safe-haven and inflation-hedge flows. Gold underperformed versus equities and commodities.