Gold price by month

Gold price in July 2018: daily prices, high, low and change

Gold closed July 2018 at $1,223.70 an ounce, down 2.21% on the month. The highest close was $1,258.10 on 9 Jul and the lowest $1,221.30 on 30 Jul. Every trading day below, with ranks and context computed from COMEX data.

Month close$1,223.7031 July 2018
Monthly change−2.2%vs $1,251.30 at the end of June 2018
Highest close$1,258.109 July 2018
Lowest close$1,221.3030 July 2018

Gold price chart, July 2018 (daily close and high-low range, US$ per ounce)

$1,210$1,220$1,230$1,240$1,250$1,26026111619242731high close $1,258.10low close $1,221.30
$1,220$1,240$1,2602913192531$1,258.10$1,221.30

Gold line = daily settlement; bars = intraday high to low where available; dashed line = June 2018 close ($1,251.30).

Daily gold prices in July 2018 (21 trading days)

Daily gold prices, July 2018
DateOpenHighLowCloseChange% change
Mon 2 Jul$1,249.90$1,249.90$1,239.80$1,239.80−$11.50−0.92%
Tue 3 Jul best day$1,238.10$1,254.10$1,237.00$1,251.60+$11.80+0.95%
Thu 5 Jul$1,255.50$1,257.30$1,253.60$1,257.30+$5.70+0.46%
Fri 6 Jul$1,255.50$1,255.50$1,254.30$1,254.30−$3.00−0.24%
Mon 9 Jul$1,258.20$1,262.30$1,257.70$1,258.10+$3.80+0.30%
Tue 10 Jul$1,256.20$1,256.90$1,249.30$1,253.80−$4.30−0.34%
Wed 11 Jul$1,253.20$1,253.20$1,242.80$1,242.80−$11.00−0.88%
Thu 12 Jul$1,240.90$1,246.70$1,240.90$1,245.00+$2.20+0.18%
Fri 13 Jul$1,244.70$1,247.00$1,239.60$1,239.60−$5.40−0.43%
Mon 16 Jul$1,242.70$1,243.80$1,238.10$1,238.10−$1.50−0.12%
Tue 17 Jul worst day———$1,225.70−$12.40−1.00%
Wed 18 Jul$1,226.70$1,226.70$1,222.20$1,226.30+$0.60+0.05%
Thu 19 Jul$1,227.20$1,228.00$1,211.70$1,222.40−$3.90−0.32%
Fri 20 Jul———$1,229.50+$7.10+0.58%
Mon 23 Jul$1,222.00$1,224.00$1,222.00$1,224.00−$5.50−0.45%
Tue 24 Jul———$1,223.90−$0.10−0.01%
Wed 25 Jul———$1,231.40+$7.50+0.61%
Thu 26 Jul$1,227.80$1,227.80$1,225.30$1,225.30−$6.10−0.50%
Fri 27 Jul———$1,222.60−$2.70−0.22%
Mon 30 Jul$1,222.50$1,223.90$1,218.10$1,221.30−$1.30−0.11%
Tue 31 Jul$1,220.40$1,228.10$1,213.00$1,223.70+$2.40+0.20%

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 5 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

July 2018OpenHighLowCloseChange
Settlements$1,239.80$1,258.10$1,221.30$1,223.70−2.21%

Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2018 page and the monthly returns heatmap). Intraday highs and lows are not shown because the source lacks usable intraday data for part of this month.

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 July 2018: summary

Gold fell 2.21% in July 2018, from $1,251.30 at the end of June 2018 to $1,223.70 an ounce. Gold closed higher on 8 of 21 trading days and lower on 13; the strongest session was 3 July 2018 (+0.95%) and the weakest 17 July 2018 (−1.00%). Settlement prices ranged from $1,221.30 on 30 July 2018 to $1,258.10 on 9 July 2018, a spread of $36.80 (2.9%), narrower than the 3.8% average of the previous 12 months.

The $1,221.30 close on 30 July 2018 was the lowest since 13 July 2017. It was gold's 4th monthly loss in a row.

How July 2018 compares

  • Against other Julys: at −2.21%, July 2018 ranks 21st of 26 Julys since 2001 (best first).
  • Against every month: it ranks 242nd of 313 months since September 2000, better than 23% of them.
  • Range: the gap between the highest and lowest close was $36.80, or 2.9% of the opening level, 0.8× the 3.8% average of the previous 12 months.
  • Daily moves: the average day moved 0.42% (up or down), against 0.50% over the previous 12 months, so July 2018 was calmer than usual.
  • Streaks: the longest run of higher closes was 2 days and the longest run of lower closes 3 days.
  • Bigger picture: at the month-end close gold was −6.32% for 2018 to the end of July and −3.39% over 12 months (against the July 2017 close of $1,266.60).
  • Average price: the mean of the 21 daily closes was $1,236.02; the World Bank's monthly average of the London (LBMA) price was $1,238.00.

Across the other 25 completed Julys since 2001, gold averaged +1.05% and rose in 15 of them (60%). July 2018 lagged that average by 3.3 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Julys side by side.

July 2018 in today's dollars

Adjusted for US consumer-price inflation, the $1,223.70 closing price equals about $1,638 in September 2026 dollars (CPI 251.2 in July 2018 against 336.3 in September 2026, FRED series CPIAUCSL), 34% 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 2018

The gold price in 2018 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 July 2018?

Gold closed July 2018 at $1,223.70 an ounce (COMEX settlement). It opened the month at $1,239.80 and averaged $1,236.02 across 21 trading days; the World Bank’s London average for the month was $1,238.00.

Did gold go up in July 2018?

No. Gold was down 2.21% in July 2018, from $1,251.30 at the end of June 2018 to $1,223.70. It closed higher on 8 of 21 days. Among Julys since 2001 it ranks 21st of 26 (best first).

What was the highest gold price in July 2018?

The highest close was $1,258.10 on 9 July 2018.

What was the lowest gold price in July 2018?

The lowest close was $1,221.30 on 30 July 2018, $36.80 (2.9%) below the month’s highest close.

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