Gold price in August 2017: daily prices, high, low and change
Gold closed August 2017 at $1,316.20 an ounce, up 3.92% on the month. The highest close was $1,316.20 on 31 Aug and the lowest $1,256.40 on 8 Aug. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, August 2017 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = July 2017 close ($1,266.60).
Daily gold prices in August 2017 (23 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Tue 1 Aug | $1,268.40 | $1,273.30 | $1,262.00 | $1,272.60 | +$6.00 | +0.47% |
| Wed 2 Aug | $1,268.50 | $1,272.10 | $1,262.90 | $1,271.80 | −$0.80 | −0.06% |
| Thu 3 Aug | $1,265.90 | $1,269.80 | $1,256.60 | $1,267.80 | −$4.00 | −0.31% |
| Fri 4 Aug | $1,269.00 | $1,269.60 | $1,253.90 | $1,258.30 | −$9.50 | −0.75% |
| Mon 7 Aug | $1,258.70 | $1,259.10 | $1,255.30 | $1,258.20 | −$0.10 | −0.01% |
| Tue 8 Aug | $1,256.90 | $1,264.10 | $1,251.40 | $1,256.40 | −$1.80 | −0.14% |
| Wed 9 Aug | $1,260.20 | $1,277.80 | $1,260.20 | $1,273.00 | +$16.60 | +1.32% |
| Thu 10 Aug | $1,276.60 | $1,287.40 | $1,274.90 | $1,283.70 | +$10.70 | +0.84% |
| Fri 11 Aug | $1,286.30 | $1,291.10 | $1,282.00 | $1,287.70 | +$4.00 | +0.31% |
| Mon 14 Aug | $1,288.40 | $1,288.40 | $1,278.80 | $1,284.20 | −$3.50 | −0.27% |
| Tue 15 Aug worst day | $1,280.50 | $1,280.50 | $1,267.40 | $1,273.70 | −$10.50 | −0.82% |
| Wed 16 Aug | $1,271.30 | $1,282.60 | $1,269.40 | $1,276.90 | +$3.20 | +0.25% |
| Thu 17 Aug | $1,283.80 | $1,288.50 | $1,283.20 | $1,286.40 | +$9.50 | +0.74% |
| Fri 18 Aug | $1,288.60 | $1,300.70 | $1,284.30 | $1,285.70 | −$0.70 | −0.05% |
| Mon 21 Aug | $1,285.20 | $1,290.80 | $1,284.70 | $1,290.80 | +$5.10 | +0.40% |
| Tue 22 Aug | $1,287.20 | $1,288.40 | $1,283.20 | $1,285.10 | −$5.70 | −0.44% |
| Wed 23 Aug | $1,289.40 | $1,289.40 | $1,286.90 | $1,288.90 | +$3.80 | +0.30% |
| Thu 24 Aug | $1,288.70 | $1,288.70 | $1,284.00 | $1,286.50 | −$2.40 | −0.19% |
| Fri 25 Aug | $1,285.40 | $1,292.70 | $1,280.30 | $1,292.50 | +$6.00 | +0.47% |
| Mon 28 Aug best day | $1,293.50 | $1,311.30 | $1,293.50 | $1,309.70 | +$17.20 | +1.33% |
| Tue 29 Aug | $1,318.80 | $1,323.80 | $1,313.10 | $1,313.10 | +$3.40 | +0.26% |
| Wed 30 Aug | $1,308.20 | $1,312.50 | $1,304.90 | $1,308.10 | −$5.00 | −0.38% |
| Thu 31 Aug | $1,306.60 | $1,322.30 | $1,301.70 | $1,316.20 | +$8.10 | +0.62% |
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 2017 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $1,272.60 | $1,316.20 | $1,256.40 | $1,316.20 | +3.92% |
| Intraday | $1,268.40 | $1,323.80 29 Aug | $1,251.40 8 Aug | $1,316.20 | — |
Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2017 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 2017: summary
Gold advanced 3.92% in August 2017, from $1,266.60 at the end of July 2017 to $1,316.20 an ounce. Gold closed higher on 12 of 23 trading days and lower on 11; the strongest session was 28 August 2017 (+1.33%) and the weakest 15 August 2017 (−0.82%). Settlement prices ranged from $1,256.40 on 8 August 2017 to $1,316.20 on 31 August 2017, a spread of $59.80 (4.7%), narrower than the 4.8% average of the previous 12 months.
How August 2017 compares
- Against other Augusts: at +3.92%, August 2017 ranks 11th of 26 Augusts since 2001 (best first).
- Against every month: it ranks 80th of 313 months since September 2000, better than 75% of them.
- Range: the gap between the highest and lowest close was $59.80, or 4.7% of the opening level, 1.0× the 4.8% average of the previous 12 months.
- Daily moves: the average day moved 0.47% (up or down), against 0.55% over the previous 12 months, so August 2017 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 +14.45% for 2017 to the end of August and +0.71% over 12 months (against the August 2016 close of $1,306.90).
- Average price: the mean of the 23 daily closes was $1,283.80; the World Bank's monthly average of the London (LBMA) price was $1,283.00.
Across the other 25 completed Augusts since 2001, gold averaged +2.45% and rose in 18 of them (72%). August 2017 beat that average by 1.5 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 2017 in today's dollars
Adjusted for US consumer-price inflation, the $1,316.20 closing price equals about $1,805 in September 2026 dollars (CPI 245.2 in August 2017 against 336.3 in September 2026, FRED series CPIAUCSL), 37% 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 2017
The gold price in 2017 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 2017?
Gold closed August 2017 at $1,316.20 an ounce (COMEX settlement). It opened the month at $1,272.60 and averaged $1,283.80 across 23 trading days; the World Bank’s London average for the month was $1,283.00.
Did gold go up in August 2017?
Yes. Gold was up 3.92% in August 2017, from $1,266.60 at the end of July 2017 to $1,316.20. It closed higher on 12 of 23 days. Among Augusts since 2001 it ranks 11th of 26 (best first).
What was the highest gold price in August 2017?
The highest close was $1,316.20 on 31 August 2017. The highest intraday price in the daily bars was $1,323.80 on 29 August 2017.
What was the lowest gold price in August 2017?
The lowest close was $1,256.40 on 8 August 2017, $59.80 (4.7%) below the month’s highest close. The lowest intraday price was $1,251.40 on 8 August 2017.
Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.