Gold price in July 2011: daily prices, high, low and change
Gold closed July 2011 at $1,628.30 an ounce, up 8.39% on the month. The highest close was $1,628.30 on 29 Jul and the lowest $1,482.30 on 1 Jul. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, July 2011 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = June 2011 close ($1,502.30); larger dots = new all-time-high closes.
Daily gold prices in July 2011 (20 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Fri 1 Jul worst day | $1,502.20 | $1,502.20 | $1,480.00 | $1,482.30 | −$20.00 | −1.33% |
| Tue 5 Jul best day | $1,490.40 | $1,515.00 | $1,490.30 | $1,512.30 | +$30.00 | +2.02% |
| Wed 6 Jul | $1,513.70 | $1,531.50 | $1,510.30 | $1,528.70 | +$16.40 | +1.08% |
| Thu 7 Jul | $1,529.10 | $1,533.10 | $1,522.70 | $1,530.20 | +$1.50 | +0.10% |
| Fri 8 Jul | $1,527.00 | $1,542.60 | $1,526.60 | $1,541.20 | +$11.00 | +0.72% |
| Mon 11 Jul | $1,550.00 | $1,555.20 | $1,543.10 | $1,548.80 | +$7.60 | +0.49% |
| Tue 12 Jul ATH | $1,548.20 | $1,565.00 | $1,542.00 | $1,561.90 | +$13.10 | +0.85% |
| Wed 13 Jul ATH | $1,574.00 | $1,585.60 | $1,570.80 | $1,585.20 | +$23.30 | +1.49% |
| Thu 14 Jul ATH | $1,586.30 | $1,592.80 | $1,583.60 | $1,589.00 | +$3.80 | +0.24% |
| Fri 15 Jul ATH | $1,582.30 | $1,592.20 | $1,582.30 | $1,589.80 | +$0.80 | +0.05% |
| Mon 18 Jul ATH | $1,592.80 | $1,605.00 | $1,592.80 | $1,602.10 | +$12.30 | +0.77% |
| Tue 19 Jul | $1,608.10 | $1,608.80 | $1,583.30 | $1,600.90 | −$1.20 | −0.07% |
| Wed 20 Jul | $1,584.30 | $1,596.70 | $1,582.40 | $1,596.70 | −$4.20 | −0.26% |
| Thu 21 Jul | $1,598.00 | $1,601.60 | $1,586.60 | $1,586.80 | −$9.90 | −0.62% |
| Fri 22 Jul | $1,588.50 | $1,606.50 | $1,588.50 | $1,601.30 | +$14.50 | +0.91% |
| Mon 25 Jul ATH | $1,610.00 | $1,619.40 | $1,610.00 | $1,612.00 | +$10.70 | +0.67% |
| Tue 26 Jul ATH | $1,609.80 | $1,618.50 | $1,609.80 | $1,616.60 | +$4.60 | +0.29% |
| Wed 27 Jul | — | — | — | $1,615.00 | −$1.60 | −0.10% |
| Thu 28 Jul | $1,614.20 | $1,620.60 | $1,602.80 | $1,613.40 | −$1.60 | −0.10% |
| Fri 29 Jul ATH | $1,617.10 | $1,634.90 | $1,610.60 | $1,628.30 | +$14.90 | +0.92% |
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 1 day 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
| July 2011 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $1,482.30 | $1,628.30 | $1,482.30 | $1,628.30 | +8.39% |
| Intraday | $1,502.20 | $1,634.90 29 Jul | $1,480.00 1 Jul | $1,628.30 | — |
Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2011 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 July 2011: summary
Gold jumped 8.39% in July 2011, from $1,502.30 at the end of June 2011 to $1,628.30 an ounce. Gold closed higher on 14 of 20 trading days and lower on 6; the strongest session was 5 July 2011 (+2.02%) and the weakest 1 July 2011 (−1.33%). Settlement prices ranged from $1,482.30 on 1 July 2011 to $1,628.30 on 29 July 2011, a spread of $146.00 (9.7%), wider than the 5.3% average of the previous 12 months.
Gold set 8 new all-time-high closes in July 2011, the highest at $1,628.30 on 29 July 2011. That was the biggest monthly gain since November 2009. It was the month gold first closed above $1,600 (on 18 July 2011).
How July 2011 compares
- Against other Julys: at +8.39%, July 2011 ranks 2nd of 26 Julys since 2001 (best first).
- Against every month: it ranks 19th of 313 months since September 2000, better than 94% of them.
- Range: the gap between the highest and lowest close was $146.00, or 9.7% of the opening level, 1.8× the 5.3% average of the previous 12 months.
- Daily moves: the average day moved 0.65% (up or down), against 0.67% over the previous 12 months, so July 2011 was about as volatile as usual.
- Streaks: the longest run of higher closes was 10 days and the longest run of lower closes 3 days.
- Bigger picture: at the month-end close gold was +14.58% for 2011 to the end of July and +37.79% over 12 months (against the July 2010 close of $1,181.70).
- Average price: the mean of the 20 daily closes was $1,577.12; the World Bank's monthly average of the London (LBMA) price was $1,573.00.
Across the other 25 completed Julys since 2001, gold averaged +0.63% and rose in 14 of them (56%). July 2011 beat that average by 7.8 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Julys side by side.
July 2011 in today's dollars
Adjusted for US consumer-price inflation, the $1,628.30 closing price equals about $2,429 in September 2026 dollars (CPI 225.4 in July 2011 against 336.3 in September 2026, FRED series CPIAUCSL), 49% 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 2011
The gold price in 2011 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 July 2011?
Gold closed July 2011 at $1,628.30 an ounce (COMEX settlement). It opened the month at $1,482.30 and averaged $1,577.12 across 20 trading days; the World Bank’s London average for the month was $1,573.00.
Did gold go up in July 2011?
Yes. Gold was up 8.39% in July 2011, from $1,502.30 at the end of June 2011 to $1,628.30. It closed higher on 14 of 20 days. Among Julys since 2001 it ranks 2nd of 26 (best first).
What was the highest gold price in July 2011?
The highest close was $1,628.30 on 29 July 2011. The highest intraday price in the daily bars was $1,634.90 on 29 July 2011. It was a new all-time-high close.
What was the lowest gold price in July 2011?
The lowest close was $1,482.30 on 1 July 2011, $146.00 (9.7%) below the month’s highest close. The lowest intraday price was $1,480.00 on 1 July 2011.
Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.