Gold price in October 2011: daily prices, high, low and change
Gold closed October 2011 at $1,724.20 an ounce, up 6.41% on the month. The highest close was $1,746.70 on 27 Oct and the lowest $1,611.90 on 20 Oct. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, October 2011 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = September 2011 close ($1,620.40).
Daily gold prices in October 2011 (21 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Mon 3 Oct | $1,627.80 | $1,660.80 | $1,627.60 | $1,656.00 | +$35.60 | +2.20% |
| Tue 4 Oct worst day | $1,661.00 | $1,678.10 | $1,596.60 | $1,614.70 | −$41.30 | −2.49% |
| Wed 5 Oct | $1,629.30 | $1,640.30 | $1,599.60 | $1,640.30 | +$25.60 | +1.59% |
| Thu 6 Oct | $1,642.60 | $1,654.70 | $1,637.60 | $1,651.90 | +$11.60 | +0.71% |
| Fri 7 Oct | $1,657.00 | $1,665.00 | $1,626.20 | $1,634.50 | −$17.40 | −1.05% |
| Mon 10 Oct | $1,645.60 | $1,676.80 | $1,645.60 | $1,669.60 | +$35.10 | +2.15% |
| Tue 11 Oct | $1,685.00 | $1,685.00 | $1,657.60 | $1,659.70 | −$9.90 | −0.59% |
| Wed 12 Oct | $1,667.10 | $1,691.00 | $1,667.10 | $1,681.30 | +$21.60 | +1.30% |
| Thu 13 Oct | $1,676.10 | $1,678.80 | $1,656.20 | $1,667.30 | −$14.00 | −0.83% |
| Fri 14 Oct | $1,665.80 | $1,683.30 | $1,665.80 | $1,681.80 | +$14.50 | +0.87% |
| Mon 17 Oct | $1,683.60 | $1,693.50 | $1,667.30 | $1,675.50 | −$6.30 | −0.37% |
| Tue 18 Oct | $1,666.00 | $1,666.00 | $1,627.50 | $1,651.70 | −$23.80 | −1.42% |
| Wed 19 Oct | $1,659.30 | $1,659.30 | $1,641.30 | $1,646.00 | −$5.70 | −0.35% |
| Thu 20 Oct | $1,643.20 | $1,643.20 | $1,608.70 | $1,611.90 | −$34.10 | −2.07% |
| Fri 21 Oct | $1,626.10 | $1,647.40 | $1,626.10 | $1,635.10 | +$23.20 | +1.44% |
| Mon 24 Oct | $1,646.20 | $1,657.80 | $1,646.20 | $1,651.50 | +$16.40 | +1.00% |
| Tue 25 Oct best day | $1,645.00 | $1,706.80 | $1,645.00 | $1,699.60 | +$48.10 | +2.91% |
| Wed 26 Oct | $1,717.00 | $1,723.60 | $1,708.90 | $1,722.70 | +$23.10 | +1.36% |
| Thu 27 Oct | — | — | — | $1,746.70 | +$24.00 | +1.39% |
| Fri 28 Oct | $1,752.00 | $1,752.00 | $1,733.00 | $1,746.20 | −$0.50 | −0.03% |
| Mon 31 Oct | $1,741.90 | $1,741.90 | $1,717.00 | $1,724.20 | −$22.00 | −1.26% |
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
| October 2011 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $1,656.00 | $1,746.70 | $1,611.90 | $1,724.20 | +6.41% |
| Intraday | $1,627.80 | $1,752.00 28 Oct | $1,596.60 4 Oct | $1,724.20 | — |
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 October 2011: summary
Gold jumped 6.41% in October 2011, from $1,620.40 at the end of September 2011 to $1,724.20 an ounce. Settlement prices ranged from $1,611.90 on 20 October 2011 to $1,746.70 on 27 October 2011, a spread of $134.80 (8.3%), wider than the 7.5% average of the previous 12 months. Gold closed higher on 11 of 21 trading days and lower on 10; the strongest session was 25 October 2011 (+2.91%) and the weakest 4 October 2011 (−2.49%).
On the monthly change, October 2011 was the 3rd-best October of the 26 since 2000.
How October 2011 compares
- Against other Octobers: at +6.41%, October 2011 ranks 3rd of 26 Octobers since 2000 (best first).
- Against every month: it ranks 43rd of 313 months since September 2000, better than 87% of them.
- Range: the gap between the highest and lowest close was $134.80, or 8.3% of the opening level, 1.1× the 7.5% average of the previous 12 months.
- Daily moves: the average day moved 1.30% (up or down), against 0.86% over the previous 12 months, so October 2011 was more volatile than usual.
- Streaks: the longest run of higher closes was 5 days and the longest run of lower closes 4 days.
- Bigger picture: at the month-end close gold was +21.33% for 2011 to the end of October and +27.05% over 12 months (against the October 2010 close of $1,357.10).
- Average price: the mean of the 21 daily closes was $1,669.91; the World Bank's monthly average of the London (LBMA) price was $1,666.00.
Across the other 25 completed Octobers since 2000, gold averaged −0.12% and rose in 12 of them (48%). October 2011 beat that average by 6.5 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 2011 in today's dollars
Adjusted for US consumer-price inflation, the $1,724.20 closing price equals about $2,557 in September 2026 dollars (CPI 226.8 in October 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 October 2011?
Gold closed October 2011 at $1,724.20 an ounce (COMEX settlement). It opened the month at $1,656.00 and averaged $1,669.91 across 21 trading days; the World Bank’s London average for the month was $1,666.00.
Did gold go up in October 2011?
Yes. Gold was up 6.41% in October 2011, from $1,620.40 at the end of September 2011 to $1,724.20. It closed higher on 11 of 21 days. Among Octobers since 2000 it ranks 3rd of 26 (best first).
What was the highest gold price in October 2011?
The highest close was $1,746.70 on 27 October 2011. The highest intraday price in the daily bars was $1,752.00 on 28 October 2011.
What was the lowest gold price in October 2011?
The lowest close was $1,611.90 on 20 October 2011, $134.80 (8.3%) below the month’s highest close. The lowest intraday price was $1,596.60 on 4 October 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.