Gold price in September 2011: daily prices, high, low and change
Gold closed September 2011 at $1,620.40 an ounce, down 11.38% on the month. The highest close was $1,873.70 on 2 Sep and the lowest $1,592.50 on 26 Sep. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, September 2011 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = August 2011 close ($1,828.50).
Daily gold prices in September 2011 (21 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Thu 1 Sep | $1,825.80 | $1,829.50 | $1,814.40 | $1,826.00 | −$2.50 | −0.14% |
| Fri 2 Sep | $1,828.60 | $1,884.20 | $1,828.60 | $1,873.70 | +$47.70 | +2.61% |
| Tue 6 Sep | $1,886.30 | $1,911.60 | $1,864.00 | $1,869.90 | −$3.80 | −0.20% |
| Wed 7 Sep | $1,868.90 | $1,873.70 | $1,792.80 | $1,814.20 | −$55.70 | −2.98% |
| Thu 8 Sep | $1,839.30 | $1,870.00 | $1,835.00 | $1,854.40 | +$40.20 | +2.22% |
| Fri 9 Sep | $1,858.10 | $1,881.30 | $1,830.00 | $1,856.40 | +$2.00 | +0.11% |
| Mon 12 Sep | $1,852.40 | $1,852.40 | $1,806.00 | $1,809.90 | −$46.50 | −2.50% |
| Tue 13 Sep | $1,817.80 | $1,835.30 | $1,808.10 | $1,826.80 | +$16.90 | +0.93% |
| Wed 14 Sep | $1,843.00 | $1,843.00 | $1,809.00 | $1,823.50 | −$3.30 | −0.18% |
| Thu 15 Sep | $1,816.30 | $1,816.30 | $1,775.80 | $1,778.50 | −$45.00 | −2.47% |
| Fri 16 Sep | $1,768.50 | $1,819.10 | $1,768.50 | $1,812.10 | +$33.60 | +1.89% |
| Mon 19 Sep | — | — | — | $1,776.40 | −$35.70 | −1.97% |
| Tue 20 Sep | $1,778.80 | $1,807.80 | $1,776.00 | $1,806.60 | +$30.20 | +1.70% |
| Wed 21 Sep | $1,808.00 | $1,811.70 | $1,782.80 | $1,805.50 | −$1.10 | −0.06% |
| Thu 22 Sep | $1,773.20 | $1,773.20 | $1,730.90 | $1,739.20 | −$66.30 | −3.67% |
| Fri 23 Sep worst day | $1,737.30 | $1,737.30 | $1,636.30 | $1,637.50 | −$101.70 | −5.85% |
| Mon 26 Sep | $1,646.40 | $1,661.80 | $1,562.40 | $1,592.50 | −$45.00 | −2.75% |
| Tue 27 Sep best day | — | — | — | $1,650.60 | +$58.10 | +3.65% |
| Wed 28 Sep | — | — | — | $1,616.30 | −$34.30 | −2.08% |
| Thu 29 Sep | $1,604.00 | $1,633.80 | $1,585.00 | $1,615.50 | −$0.80 | −0.05% |
| Fri 30 Sep | $1,620.80 | $1,639.40 | $1,609.40 | $1,620.40 | +$4.90 | +0.30% |
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 3 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
| September 2011 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $1,826.00 | $1,873.70 | $1,592.50 | $1,620.40 | −11.38% |
| Intraday | $1,825.80 | $1,911.60 6 Sep | $1,562.40 26 Sep | $1,620.40 | — |
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 September 2011: summary
Gold slumped 11.38% in September 2011, from $1,828.50 at the end of August 2011 to $1,620.40 an ounce. Gold closed higher on 8 of 21 trading days and lower on 13; the strongest session was 27 September 2011 (+3.65%) and the weakest 23 September 2011 (−5.85%). Settlement prices ranged from $1,592.50 on 26 September 2011 to $1,873.70 on 2 September 2011, a spread of $281.20 (15.4%), wider than the 6.6% average of the previous 12 months.
That was the biggest monthly fall since October 2008. The −5.85% move on 23 September 2011 was the largest one-day fall of 2011, and the largest since 13 June 2006.
How September 2011 compares
- Against other Septembers: at −11.38%, September 2011 ranks 27th of 27 Septembers since 2000 (best first), the worst since 2000.
- Against every month: it ranks 309th of 313 months since September 2000, better than 1% of them.
- Range: the gap between the highest and lowest close was $281.20, or 15.4% of the opening level, 2.3× the 6.6% average of the previous 12 months.
- Daily moves: the average day moved 1.82% (up or down), against 0.75% over the previous 12 months, so September 2011 was more volatile than usual.
- Streaks: the longest run of higher closes was 2 days and the longest run of lower closes 4 days.
- Bigger picture: at the month-end close gold was +14.02% for 2011 to the end of September and +23.90% over 12 months (against the September 2010 close of $1,307.80).
- Average price: the mean of the 21 daily closes was $1,762.19; the World Bank's monthly average of the London (LBMA) price was $1,772.00.
Across the other 26 completed Septembers since 2000, gold averaged +0.88% and rose in 13 of them (50%). September 2011 lagged that average by 12.3 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Septembers side by side.
September 2011 in today's dollars
Adjusted for US consumer-price inflation, the $1,620.40 closing price equals about $2,405 in September 2026 dollars (CPI 226.6 in September 2011 against 336.3 in September 2026, FRED series CPIAUCSL), 48% 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 September 2011?
Gold closed September 2011 at $1,620.40 an ounce (COMEX settlement). It opened the month at $1,826.00 and averaged $1,762.19 across 21 trading days; the World Bank’s London average for the month was $1,772.00.
Did gold go up in September 2011?
No. Gold was down 11.38% in September 2011, from $1,828.50 at the end of August 2011 to $1,620.40. It closed higher on 8 of 21 days. Among Septembers since 2000 it ranks 27th of 27 (best first).
What was the highest gold price in September 2011?
The highest close was $1,873.70 on 2 September 2011. The highest intraday price in the daily bars was $1,911.60 on 6 September 2011.
What was the lowest gold price in September 2011?
The lowest close was $1,592.50 on 26 September 2011, $281.20 (15.4%) below the month’s highest close. The lowest intraday price was $1,562.40 on 26 September 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.