Gold price in 2001: open, high, low, close
Gold averaged $271.04 an ounce in 2001, moving between $255.10 and $293.30. Month-by-month figures, the year's change and the inflation-adjusted value, from public data.
Gold price in 2001, month by month (US dollars per troy ounce)
| Month | Open | High | Low | Close | London avg |
|---|---|---|---|---|---|
| January | $268.40 | $268.40 | $262.80 | $265.60 | $265.00 |
| February | $268.50 | $268.50 | $255.10 | $266.80 | $262.00 |
| March | $265.20 | $271.60 | $257.90 | $257.90 | $263.00 |
| April | $255.60 | $265.30 | $255.60 | $264.00 | $260.00 |
| May | $264.40 | $287.40 | $264.40 | $265.30 | $272.00 |
| June | $266.40 | $276.20 | $264.90 | $270.60 | $270.00 |
| July | $269.40 | $270.40 | $264.60 | $266.20 | $268.00 |
| August | $267.40 | $279.30 | $267.10 | $274.40 | $272.00 |
| September | $271.60 | $293.30 | $271.60 | $292.40 | $283.00 |
| October | $292.20 | $292.40 | $275.50 | $279.50 | $283.00 |
| November | $279.70 | $281.00 | $272.30 | $273.90 | $276.00 |
| December | $276.90 | $280.40 | $272.20 | $278.70 | $276.00 |
Open, high, low and close are daily COMEX futures settlements; the last column is the monthly average of the London (LBMA) price, which differs slightly from COMEX.
Source: World Bank Commodity Markets (Pink Sheet) monthly London gold prices; COMEX gold futures (GC=F) daily settlements; US CPI (FRED series CPIAUCSL). Data updated ; refreshed automatically about once a day. Figures are indicative and may be revised by the sources.
Gold in 2001: the numbers
In 2001, gold averaged $271.04 an ounce, measured by daily COMEX settlement prices. It opened the year at $268.40, reached a high of $293.30 in September 2001 and a low of $255.10 in February 2001, and closed at $278.70, a change of +2.8% from the end of 2000. 7 of the 11 month-to-month changes were higher. Adjusted for inflation, the closing price equals about $528 in September 2026 dollars.
For context, gold closed 2000 at $271.00 and 2002 at $347.60 (+24.7% in 2002).
The low point of a 20-year bear market. The Federal Reserve cut interest rates eleven times during 2001, from 6.5% to 1.75%, and the September 11 attacks added a brief safe-haven bid. In hindsight this was the start of a decade-long bull market.
Source: Federal Reserve: open market operations (historical rate decisions)
How this compares with the whole record
The gold price history page charts every year since 1968 and lists the open, high, low and close of each, and the all-time-high tracker shows every record close. Figures for 2001 use daily COMEX settlement prices; the London price and COMEX futures differ slightly, usually by a few dollars.
Frequently asked questions
What was the gold price in 2001?
Gold averaged $271.04 per troy ounce in 2001, measured by daily COMEX settlement prices. It opened the year at $268.40 and closed at $278.70.
What was the highest gold price in 2001?
The highest daily settlement in 2001 was $293.30, in September 2001. Intraday highs were slightly higher.
What was the lowest gold price in 2001?
The lowest daily settlement in 2001 was $255.10, in February 2001.
Did gold go up or down in 2001?
Gold up +2.8% in 2001, from $271.00 at the end of 2000 to $278.70. Adjusted for inflation, that closing price is about $528 in September 2026 dollars.
Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.