Gold price by month

Gold price in August 2014: daily prices, high, low and change

Gold closed August 2014 at $1,285.80 an ounce, up 0.35% on the month. The highest close was $1,313.90 on 14 Aug and the lowest $1,273.70 on 21 Aug. Every trading day below, with ranks and context computed from COMEX data.

Month close$1,285.8029 August 2014
Monthly change+0.4%vs $1,281.30 at the end of July 2014
Highest close$1,313.9014 August 2014
Lowest close$1,273.7021 August 2014

Gold price chart, August 2014 (daily close and high-low range, US$ per ounce)

$1,270$1,280$1,290$1,300$1,310$1,32016111419222729high close $1,313.90low close $1,273.70
$1,280$1,300$1,3201713192529$1,313.90$1,273.70

Gold line = daily settlement; bars = intraday high to low where available; dashed line = July 2014 close ($1,281.30).

Daily gold prices in August 2014 (21 trading days)

Daily gold prices, August 2014
DateOpenHighLowCloseChange% change
Fri 1 Aug$1,284.10$1,296.60$1,279.70$1,293.60+$12.30+0.96%
Mon 4 Aug$1,294.40$1,295.00$1,285.90$1,287.70−$5.90−0.46%
Tue 5 Aug$1,288.00$1,292.70$1,282.60$1,284.00−$3.70−0.29%
Wed 6 Aug best day$1,288.10$1,309.00$1,287.80$1,306.70+$22.70+1.77%
Thu 7 Aug$1,305.30$1,313.10$1,302.50$1,310.80+$4.10+0.31%
Fri 8 Aug$1,310.80$1,321.40$1,308.00$1,308.90−$1.90−0.14%
Mon 11 Aug$1,308.40$1,309.70$1,305.30$1,308.50−$0.40−0.03%
Tue 12 Aug$1,306.20$1,315.80$1,305.80$1,308.80+$0.30+0.02%
Wed 13 Aug$1,308.80$1,312.80$1,305.00$1,312.80+$4.00+0.31%
Thu 14 Aug$1,311.80$1,316.40$1,309.70$1,313.90+$1.10+0.08%
Fri 15 Aug$1,311.70$1,312.80$1,292.00$1,304.50−$9.40−0.72%
Mon 18 Aug$1,301.40$1,302.10$1,295.70$1,297.70−$6.80−0.52%
Tue 19 Aug$1,298.80$1,301.60$1,294.00$1,295.10−$2.60−0.20%
Wed 20 Aug$1,295.40$1,295.80$1,288.40$1,293.40−$1.70−0.13%
Thu 21 Aug worst day$1,290.00$1,290.00$1,272.00$1,273.70−$19.70−1.52%
Fri 22 Aug$1,276.00$1,280.00$1,275.00$1,278.60+$4.90+0.38%
Mon 25 Aug$1,277.30$1,277.60$1,273.70$1,277.30−$1.30−0.10%
Tue 26 Aug$1,289.40$1,289.50$1,281.10$1,283.80+$6.50+0.51%
Wed 27 Aug$1,281.50$1,282.30$1,281.50$1,281.90−$1.90−0.15%
Thu 28 Aug$1,284.50$1,293.70$1,284.30$1,288.70+$6.80+0.53%
Fri 29 Aug$1,289.50$1,289.70$1,284.80$1,285.80−$2.90−0.23%

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 2014OpenHighLowCloseChange
Settlements$1,293.60$1,313.90$1,273.70$1,285.80+0.35%
Intraday$1,284.10$1,321.40 8 Aug$1,272.00 21 Aug$1,285.80—

Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2014 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 2014: summary

Gold edged up 0.35% in August 2014, finishing at $1,285.80 an ounce against $1,281.30 at the end of July 2014. Settlement prices ranged from $1,273.70 on 21 August 2014 to $1,313.90 on 14 August 2014, a spread of $40.20 (3.1%), narrower than the 6.1% average of the previous 12 months. Gold closed higher on 9 of 21 trading days and lower on 12; the strongest session was 6 August 2014 (+1.77%) and the weakest 21 August 2014 (−1.52%).

How August 2014 compares

  • Against other Augusts: at +0.35%, August 2014 ranks 18th of 26 Augusts since 2001 (best first).
  • Against every month: it ranks 172nd of 313 months since September 2000, better than 45% of them.
  • Range: the gap between the highest and lowest close was $40.20, or 3.1% of the opening level, 0.5× the 6.1% average of the previous 12 months.
  • Daily moves: the average day moved 0.45% (up or down), against 0.76% over the previous 12 months, so August 2014 was calmer than usual.
  • Streaks: the longest run of higher closes was 3 days and the longest run of lower closes 5 days.
  • Bigger picture: at the month-end close gold was +6.98% for 2014 to the end of August and −7.90% over 12 months (against the August 2013 close of $1,396.10).
  • Average price: the mean of the 21 daily closes was $1,295.06; the World Bank's monthly average of the London (LBMA) price was $1,295.00.

Across the other 25 completed Augusts since 2001, gold averaged +2.59% and rose in 18 of them (72%). August 2014 lagged 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 2014 in today's dollars

Adjusted for US consumer-price inflation, the $1,285.80 closing price equals about $1,821 in September 2026 dollars (CPI 237.5 in August 2014 against 336.3 in September 2026, FRED series CPIAUCSL), 42% 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 2014

The gold price in 2014 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 2014?

Gold closed August 2014 at $1,285.80 an ounce (COMEX settlement). It opened the month at $1,293.60 and averaged $1,295.06 across 21 trading days; the World Bank’s London average for the month was $1,295.00.

Did gold go up in August 2014?

Yes. Gold was up 0.35% in August 2014, from $1,281.30 at the end of July 2014 to $1,285.80. It closed higher on 9 of 21 days. Among Augusts since 2001 it ranks 18th of 26 (best first).

What was the highest gold price in August 2014?

The highest close was $1,313.90 on 14 August 2014. The highest intraday price in the daily bars was $1,321.40 on 8 August 2014.

What was the lowest gold price in August 2014?

The lowest close was $1,273.70 on 21 August 2014, $40.20 (3.1%) below the month’s highest close. The lowest intraday price was $1,272.00 on 21 August 2014.

Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.