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Gold Price in 2022 | Historical Gold Prices

Annual summary, monthly averages, and key events that shaped gold prices in 2022

← 202120222023 →

Jan 1

$1,803

Opening Price

Dec 31

$1,824

Closing Price

Year High

$2,070

Annual High

Year Low

$1,618

Annual Low

Annual Avg

$1,800

Average Price

vs 2021

+1%

Annual Change

Monthly Gold Price Chart — 2022

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low: $1,648High: $1,954

Monthly Average Gold Prices — 2022

MonthAvg Price (USD/oz)vs Prev Month
Jan 2022$1,815+0.7%
Feb 2022$1,861+2.5%
Mar 2022$1,921+3.2%
Apr 2022$1,954+1.7%
May 2022$1,842-5.7%
Jun 2022$1,837-0.3%
Jul 2022$1,738-5.4%
Aug 2022$1,757+1.1%
Sep 2022$1,664-5.3%
Oct 2022$1,648-1.0%
Nov 2022$1,739+5.5%
Dec 2022$1,799+3.5%

What Happened to Gold in 2022?

Russia's invasion of Ukraine in February 2022 drove gold briefly to $2,070, near its all-time high. However, the Fed's aggressive tightening cycle (7 rate hikes, 425bps) and soaring real yields hammered gold through the year. Gold's resilience in the face of the most aggressive Fed tightening cycle in 40 years was notable — ending the year roughly flat.

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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