Gold price in August 2012: daily prices, high, low and change
Gold closed August 2012 at $1,684.60 an ounce, up 4.60% on the month. The highest close was $1,684.60 on 31 Aug and the lowest $1,587.40 on 2 Aug. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, August 2012 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = July 2012 close ($1,610.50).
Daily gold prices in August 2012 (23 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Wed 1 Aug | $1,613.40 | $1,617.20 | $1,592.00 | $1,603.70 | −$6.80 | −0.42% |
| Thu 2 Aug worst day | $1,600.00 | $1,615.00 | $1,583.10 | $1,587.40 | −$16.30 | −1.02% |
| Fri 3 Aug | $1,589.30 | $1,606.00 | $1,585.10 | $1,606.00 | +$18.60 | +1.17% |
| Mon 6 Aug | $1,604.70 | $1,614.10 | $1,603.20 | $1,612.90 | +$6.90 | +0.43% |
| Tue 7 Aug | $1,610.80 | $1,615.70 | $1,609.30 | $1,609.70 | −$3.20 | −0.20% |
| Wed 8 Aug | $1,610.20 | $1,614.80 | $1,603.00 | $1,612.90 | +$3.20 | +0.20% |
| Thu 9 Aug | $1,612.80 | $1,617.20 | $1,610.10 | $1,617.10 | +$4.20 | +0.26% |
| Fri 10 Aug | $1,615.80 | $1,624.10 | $1,605.00 | $1,619.70 | +$2.60 | +0.16% |
| Mon 13 Aug | $1,622.00 | $1,623.70 | $1,607.30 | $1,609.60 | −$10.10 | −0.62% |
| Tue 14 Aug | $1,612.80 | $1,615.60 | $1,591.20 | $1,599.40 | −$10.20 | −0.63% |
| Wed 15 Aug | $1,593.80 | $1,604.60 | $1,592.00 | $1,603.70 | +$4.30 | +0.27% |
| Thu 16 Aug | $1,600.20 | $1,616.10 | $1,600.20 | $1,616.10 | +$12.40 | +0.77% |
| Fri 17 Aug | $1,617.80 | $1,617.80 | $1,611.40 | $1,616.30 | +$0.20 | +0.01% |
| Mon 20 Aug | $1,614.00 | $1,621.40 | $1,611.60 | $1,620.10 | +$3.80 | +0.24% |
| Tue 21 Aug | $1,620.00 | $1,639.90 | $1,620.00 | $1,639.90 | +$19.80 | +1.22% |
| Wed 22 Aug | $1,638.40 | $1,653.10 | $1,635.00 | $1,637.40 | −$2.50 | −0.15% |
| Thu 23 Aug best day | $1,659.90 | $1,672.70 | $1,658.00 | $1,669.60 | +$32.20 | +1.97% |
| Fri 24 Aug | $1,665.80 | $1,669.80 | $1,662.20 | $1,669.80 | +$0.20 | +0.01% |
| Mon 27 Aug | $1,674.90 | $1,674.90 | $1,663.90 | $1,672.40 | +$2.60 | +0.16% |
| Tue 28 Aug | $1,659.90 | $1,671.00 | $1,659.20 | $1,666.50 | −$5.90 | −0.35% |
| Wed 29 Aug | $1,667.20 | $1,667.30 | $1,659.80 | $1,659.80 | −$6.70 | −0.40% |
| Thu 30 Aug | $1,655.40 | $1,662.00 | $1,650.70 | $1,653.50 | −$6.30 | −0.38% |
| Fri 31 Aug | $1,658.60 | $1,690.00 | $1,646.20 | $1,684.60 | +$31.10 | +1.88% |
Close = COMEX gold futures settlement in US dollars per troy ounce; change is against the previous trading day's close.
Monthly open, high, low and close
| August 2012 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $1,603.70 | $1,684.60 | $1,587.40 | $1,684.60 | +4.60% |
| Intraday | $1,613.40 | $1,690.00 31 Aug | $1,583.10 2 Aug | $1,684.60 | — |
Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2012 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 August 2012: summary
Gold gained 4.60% in August 2012, from $1,610.50 at the end of July 2012 to $1,684.60 an ounce. Settlement prices ranged from $1,587.40 on 2 August 2012 to $1,684.60 on 31 August 2012, a spread of $97.20 (6.0%), narrower than the 8.1% average of the previous 12 months. Gold closed higher on 14 of 23 trading days and lower on 9; the strongest session was 23 August 2012 (+1.97%) and the weakest 2 August 2012 (−1.02%).
It was gold's 3rd monthly gain in a row.
How August 2012 compares
- Against other Augusts: at +4.60%, August 2012 ranks 9th of 26 Augusts since 2001 (best first).
- Against every month: it ranks 72nd of 313 months since September 2000, better than 77% of them.
- Range: the gap between the highest and lowest close was $97.20, or 6.0% of the opening level, 0.7× the 8.1% average of the previous 12 months.
- Daily moves: the average day moved 0.56% (up or down), against 1.06% over the previous 12 months, so August 2012 was calmer than usual.
- Streaks: the longest run of higher closes was 5 days and the longest run of lower closes 3 days.
- Bigger picture: at the month-end close gold was +7.59% for 2012 to the end of August and −7.87% over 12 months (against the August 2011 close of $1,828.50).
- Average price: the mean of the 23 daily closes was $1,629.92; the World Bank's monthly average of the London (LBMA) price was $1,630.00.
Across the other 25 completed Augusts since 2001, gold averaged +2.42% and rose in 18 of them (72%). August 2012 beat that average by 2.2 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Augusts side by side.
August 2012 in today's dollars
Adjusted for US consumer-price inflation, the $1,684.60 closing price equals about $2,464 in September 2026 dollars (CPI 229.9 in August 2012 against 336.3 in September 2026, FRED series CPIAUCSL), 46% 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 2012
The gold price in 2012 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 August 2012?
Gold closed August 2012 at $1,684.60 an ounce (COMEX settlement). It opened the month at $1,603.70 and averaged $1,629.92 across 23 trading days; the World Bank’s London average for the month was $1,630.00.
Did gold go up in August 2012?
Yes. Gold was up 4.60% in August 2012, from $1,610.50 at the end of July 2012 to $1,684.60. It closed higher on 14 of 23 days. Among Augusts since 2001 it ranks 9th of 26 (best first).
What was the highest gold price in August 2012?
The highest close was $1,684.60 on 31 August 2012. The highest intraday price in the daily bars was $1,690.00 on 31 August 2012.
What was the lowest gold price in August 2012?
The lowest close was $1,587.40 on 2 August 2012, $97.20 (6.0%) below the month’s highest close. The lowest intraday price was $1,583.10 on 2 August 2012.
Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.