Gold price in October 2001: daily prices, high, low and change
Gold closed October 2001 at $279.50 an ounce, down 4.41% on the month. The highest close was $292.40 on 8 Oct and the lowest $275.50 on 22 Oct. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, October 2001 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = September 2001 close ($292.40).
Daily gold prices in October 2001 (23 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Mon 1 Oct | $291.80 | $292.90 | $290.50 | $292.20 | −$0.20 | −0.07% |
| Tue 2 Oct | $292.10 | $292.10 | $289.90 | $289.90 | −$2.30 | −0.79% |
| Wed 3 Oct | $291.00 | $291.20 | $290.10 | $290.50 | +$0.60 | +0.21% |
| Thu 4 Oct | $290.00 | $292.00 | $290.00 | $290.50 | $0.00 | 0.00% |
| Fri 5 Oct | $291.50 | $292.50 | $291.40 | $291.40 | +$0.90 | +0.31% |
| Mon 8 Oct | $292.00 | $292.50 | $292.00 | $292.40 | +$1.00 | +0.34% |
| Tue 9 Oct | $292.70 | $292.70 | $288.90 | $288.90 | −$3.50 | −1.20% |
| Wed 10 Oct | $287.50 | $287.50 | $284.00 | $285.70 | −$3.20 | −1.11% |
| Thu 11 Oct | $283.50 | $283.50 | $280.50 | $281.80 | −$3.90 | −1.37% |
| Fri 12 Oct best day | $282.20 | $284.90 | $282.20 | $284.90 | +$3.10 | +1.10% |
| Mon 15 Oct | $282.70 | $282.70 | $282.10 | $282.10 | −$2.80 | −0.98% |
| Tue 16 Oct | $282.20 | $282.80 | $281.70 | $282.30 | +$0.20 | +0.07% |
| Wed 17 Oct | $282.20 | $283.40 | $282.20 | $283.40 | +$1.10 | +0.39% |
| Thu 18 Oct | $282.50 | $282.50 | $279.20 | $279.20 | −$4.20 | −1.48% |
| Fri 19 Oct | $279.50 | $280.10 | $279.00 | $280.10 | +$0.90 | +0.32% |
| Mon 22 Oct worst day | — | — | — | $275.50 | −$4.60 | −1.64% |
| Tue 23 Oct | $277.00 | $277.00 | $276.10 | $276.10 | +$0.60 | +0.22% |
| Wed 24 Oct | — | — | — | $275.90 | −$0.20 | −0.07% |
| Thu 25 Oct | — | — | — | $277.80 | +$1.90 | +0.69% |
| Fri 26 Oct | — | — | — | $277.90 | +$0.10 | +0.04% |
| Mon 29 Oct | $278.50 | $279.10 | $278.50 | $279.10 | +$1.20 | +0.43% |
| Tue 30 Oct | $281.20 | $281.20 | $279.50 | $280.60 | +$1.50 | +0.54% |
| Wed 31 Oct | $279.50 | $280.50 | $279.50 | $279.50 | −$1.10 | −0.39% |
Close = COMEX gold futures settlement in US dollars per troy ounce; change is against the previous trading day's close. Open, high and low are shown as — on 4 days where the source has no usable intraday data (common before 2012, when the front-month contract traded thinly in the data feed).
Monthly open, high, low and close
| October 2001 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $292.20 | $292.40 | $275.50 | $279.50 | −4.41% |
| Intraday | $291.80 | $292.90 1 Oct | $276.10 23 Oct | $279.50 | — |
Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2001 page and the monthly returns heatmap). Intraday: the highest and lowest traded prices in the daily bars.
Source: COMEX gold futures (GC=F) daily settlements and intraday bars via Yahoo Finance; US CPI (FRED CPIAUCSL) for the inflation adjustment; World Bank Pink Sheet for the monthly London average. Figures are final settlements; sources may occasionally revise historical data.
Gold in October 2001: summary
Gold declined 4.41% in October 2001, from $292.40 at the end of September 2001 to $279.50 an ounce. Settlement prices ranged from $275.50 on 22 October 2001 to $292.40 on 8 October 2001, a spread of $16.90 (5.8%), wider than the 4.4% average of the previous 12 months. Gold closed higher on 12 of 23 trading days and lower on 10; the strongest session was 12 October 2001 (+1.10%) and the weakest 22 October 2001 (−1.64%).
On the monthly change, October 2001 was the 2nd-worst October of the 26 since 2000.
How October 2001 compares
- Against other Octobers: at −4.41%, October 2001 ranks 25th of 26 Octobers since 2000 (best first).
- Against every month: it ranks 278th of 313 months since September 2000, better than 11% of them.
- Range: the gap between the highest and lowest close was $16.90, or 5.8% of the opening level, 1.3× the 4.4% average of the previous 12 months.
- Daily moves: the average day moved 0.60% (up or down), against 0.61% over the previous 12 months, so October 2001 was about as volatile as usual.
- Streaks: the longest run of higher closes was 4 days and the longest run of lower closes 3 days.
- Bigger picture: at the month-end close gold was +2.76% for 2001 to the end of October and +5.51% over 12 months (against the October 2000 close of $264.90).
- Average price: the mean of the 23 daily closes was $283.38; the World Bank's monthly average of the London (LBMA) price was $283.00.
Across the other 25 completed Octobers since 2000, gold averaged +0.31% and rose in 13 of them (52%). October 2001 lagged that average by 4.7 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Octobers side by side.
October 2001 in today's dollars
Adjusted for US consumer-price inflation, the $279.50 closing price equals about $529 in September 2026 dollars (CPI 177.6 in October 2001 against 336.3 in September 2026, FRED series CPIAUCSL), 89% more than the nominal figure. The gold price history hub restates every year's close on the same basis, and the all-time-high tracker lists every record close in nominal dollars.
Gold price by month in 2001
The gold price in 2001 page has the year's open, high, low and close, and the monthly archive on the gold price history hub explains how these month pages are built.
Frequently asked questions
What was the gold price in October 2001?
Gold closed October 2001 at $279.50 an ounce (COMEX settlement). It opened the month at $292.20 and averaged $283.38 across 23 trading days; the World Bank’s London average for the month was $283.00.
Did gold go up in October 2001?
No. Gold was down 4.41% in October 2001, from $292.40 at the end of September 2001 to $279.50. It closed higher on 12 of 23 days. Among Octobers since 2000 it ranks 25th of 26 (best first).
What was the highest gold price in October 2001?
The highest close was $292.40 on 8 October 2001. The highest intraday price in the daily bars was $292.90 on 1 October 2001.
What was the lowest gold price in October 2001?
The lowest close was $275.50 on 22 October 2001, $16.90 (5.8%) below the month’s highest close. The lowest intraday price was $276.10 on 23 October 2001.
Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.