Gold price by month

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

Gold closed September 2018 at $1,191.50 an ounce, down 0.73% on the month. The highest close was $1,206.20 on 20 Sep and the lowest $1,182.30 on 27 Sep. Every trading day below, with ranks and context computed from COMEX data.

Month close$1,191.5028 September 2018
Monthly change−0.7%vs $1,200.30 at the end of August 2018
Highest close$1,206.2020 September 2018
Lowest close$1,182.3027 September 2018

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

$1,180$1,190$1,200461012141820242628high close $1,206.20low close $1,182.30
$1,180$1,190$1,20041014202628$1,206.20$1,182.30

Gold line = daily settlement; bars = intraday high to low where available; dashed line = August 2018 close ($1,200.30).

Daily gold prices in September 2018 (19 trading days)

Daily gold prices, September 2018
DateOpenHighLowCloseChange% change
Tue 4 Sep$1,193.80$1,193.80$1,189.90$1,192.70−$7.60−0.63%
Wed 5 Sep$1,192.50$1,196.00$1,192.50$1,194.90+$2.20+0.18%
Thu 6 Sep$1,202.00$1,202.00$1,197.90$1,197.90+$3.00+0.25%
Fri 7 Sep$1,198.30$1,198.30$1,193.10$1,193.60−$4.30−0.36%
Mon 10 Sep———$1,193.00−$0.60−0.05%
Tue 11 Sep$1,190.40$1,196.30$1,190.40$1,195.40+$2.40+0.20%
Wed 12 Sep$1,205.00$1,205.00$1,204.70$1,204.70+$9.30+0.78%
Thu 13 Sep$1,203.40$1,203.40$1,200.00$1,202.00−$2.70−0.22%
Fri 14 Sep———$1,195.00−$7.00−0.58%
Mon 17 Sep———$1,199.70+$4.70+0.39%
Tue 18 Sep$1,198.70$1,198.70$1,196.80$1,196.80−$2.90−0.24%
Wed 19 Sep———$1,202.20+$5.40+0.45%
Thu 20 Sep———$1,206.20+$4.00+0.33%
Fri 21 Sep———$1,196.20−$10.00−0.83%
Mon 24 Sep———$1,199.30+$3.10+0.26%
Tue 25 Sep$1,202.10$1,202.80$1,200.00$1,200.00+$0.70+0.06%
Wed 26 Sep———$1,194.00−$6.00−0.50%
Thu 27 Sep worst day$1,194.60$1,197.30$1,180.50$1,182.30−$11.70−0.98%
Fri 28 Sep best day$1,181.70$1,191.90$1,180.00$1,191.50+$9.20+0.78%

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 8 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

September 2018OpenHighLowCloseChange
Settlements$1,192.70$1,206.20$1,182.30$1,191.50−0.73%

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 September 2018: summary

Gold edged lower 0.73% in September 2018, from $1,200.30 at the end of August 2018 to $1,191.50 an ounce. Settlement prices ranged from $1,182.30 on 27 September 2018 to $1,206.20 on 20 September 2018, a spread of $23.90 (2.0%), narrower than the 3.5% average of the previous 12 months. Gold closed higher on 10 of 19 trading days and lower on 9; the strongest session was 28 September 2018 (+0.78%) and the weakest 27 September 2018 (−0.98%).

It was gold's 6th monthly loss in a row.

How September 2018 compares

  • Against other Septembers: at −0.73%, September 2018 ranks 14th of 27 Septembers since 2000 (best first).
  • Against every month: it ranks 196th of 313 months since September 2000, better than 38% of them.
  • Range: the gap between the highest and lowest close was $23.90, or 2.0% of the opening level, 0.6× the 3.5% average of the previous 12 months.
  • Daily moves: the average day moved 0.43% (up or down), against 0.50% over the previous 12 months, so September 2018 was about as volatile as usual.
  • Streaks: the longest run of higher closes was 2 days and the longest run of lower closes 2 days.
  • Bigger picture: at the month-end close gold was −8.79% for 2018 to the end of September and −7.02% over 12 months (against the September 2017 close of $1,281.50).
  • Average price: the mean of the 19 daily closes was $1,196.71; the World Bank's monthly average of the London (LBMA) price was $1,198.00.

Across the other 26 completed Septembers since 2000, gold averaged +0.47% and rose in 13 of them (50%). September 2018 lagged that average by 1.2 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Septembers side by side.

September 2018 in today's dollars

Adjusted for US consumer-price inflation, the $1,191.50 closing price equals about $1,589 in September 2026 dollars (CPI 252.2 in September 2018 against 336.3 in September 2026, FRED series CPIAUCSL), 33% 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 September 2018?

Gold closed September 2018 at $1,191.50 an ounce (COMEX settlement). It opened the month at $1,192.70 and averaged $1,196.71 across 19 trading days; the World Bank’s London average for the month was $1,198.00.

Did gold go up in September 2018?

No. Gold was down 0.73% in September 2018, from $1,200.30 at the end of August 2018 to $1,191.50. It closed higher on 10 of 19 days. Among Septembers since 2000 it ranks 14th of 27 (best first).

What was the highest gold price in September 2018?

The highest close was $1,206.20 on 20 September 2018.

What was the lowest gold price in September 2018?

The lowest close was $1,182.30 on 27 September 2018, $23.90 (2.0%) 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.