Gold price in July 2020: daily prices, high, low and change
Gold closed July 2020 at $1,962.80 an ounce, up 9.01% on the month. The highest close was $1,962.80 on 31 Jul and the lowest $1,779.90 on 1 Jul. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, July 2020 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = June 2020 close ($1,800.50); larger dots = new all-time-high closes.
Daily gold prices in July 2020 (22 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Wed 1 Jul worst day | $1,798.90 | $1,807.70 | $1,767.90 | $1,779.90 | −$20.60 | −1.14% |
| Thu 2 Jul | $1,779.00 | $1,791.70 | $1,766.30 | $1,790.00 | +$10.10 | +0.57% |
| Mon 6 Jul | $1,787.90 | $1,799.00 | $1,779.20 | $1,793.50 | +$3.50 | +0.20% |
| Tue 7 Jul | $1,793.90 | $1,810.80 | $1,781.20 | $1,809.90 | +$16.40 | +0.91% |
| Wed 8 Jul | $1,807.90 | $1,829.80 | $1,803.80 | $1,820.60 | +$10.70 | +0.59% |
| Thu 9 Jul | $1,818.80 | $1,825.50 | $1,799.60 | $1,803.80 | −$16.80 | −0.92% |
| Fri 10 Jul | $1,808.40 | $1,817.00 | $1,796.50 | $1,801.90 | −$1.90 | −0.11% |
| Mon 13 Jul | $1,803.40 | $1,818.80 | $1,802.10 | $1,814.10 | +$12.20 | +0.68% |
| Tue 14 Jul | $1,805.20 | $1,815.00 | $1,791.10 | $1,813.40 | −$0.70 | −0.04% |
| Wed 15 Jul | $1,811.10 | $1,819.50 | $1,804.00 | $1,813.80 | +$0.40 | +0.02% |
| Thu 16 Jul | $1,813.10 | $1,816.20 | $1,794.10 | $1,800.30 | −$13.50 | −0.74% |
| Fri 17 Jul | $1,796.90 | $1,813.90 | $1,795.20 | $1,810.00 | +$9.70 | +0.54% |
| Mon 20 Jul | $1,812.30 | $1,823.40 | $1,806.60 | $1,817.40 | +$7.40 | +0.41% |
| Tue 21 Jul | $1,819.60 | $1,844.90 | $1,817.20 | $1,843.90 | +$26.50 | +1.46% |
| Wed 22 Jul | $1,842.80 | $1,871.80 | $1,842.10 | $1,865.10 | +$21.20 | +1.15% |
| Thu 23 Jul ATH | $1,871.60 | $1,897.70 | $1,863.10 | $1,890.00 | +$24.90 | +1.34% |
| Fri 24 Jul ATH | $1,884.90 | $1,904.60 | $1,880.50 | $1,897.50 | +$7.50 | +0.40% |
| Mon 27 Jul ATH, best day | $1,901.20 | $1,941.90 | $1,899.00 | $1,931.00 | +$33.50 | +1.77% |
| Tue 28 Jul ATH | $1,937.10 | $1,974.70 | $1,900.20 | $1,944.60 | +$13.60 | +0.70% |
| Wed 29 Jul ATH | $1,950.60 | $1,974.90 | $1,935.20 | $1,953.40 | +$8.80 | +0.45% |
| Thu 30 Jul | $1,963.40 | $1,965.10 | $1,930.00 | $1,942.30 | −$11.10 | −0.57% |
| Fri 31 Jul ATH | $1,948.60 | $1,981.10 | $1,948.00 | $1,962.80 | +$20.50 | +1.06% |
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
| July 2020 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $1,779.90 | $1,962.80 | $1,779.90 | $1,962.80 | +9.01% |
| Intraday | $1,798.90 | $1,981.10 31 Jul | $1,766.30 2 Jul | $1,962.80 | — |
Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2020 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 July 2020: summary
Gold set 6 new all-time-high closes in July 2020, the highest at $1,962.80 on 31 July 2020, the first record close since 22 August 2011 (8.9 years earlier). Gold surged 9.01% in July 2020, finishing at $1,962.80 an ounce against $1,800.50 at the end of June 2020. Settlement prices ranged from $1,779.90 on 1 July 2020 to $1,962.80 on 31 July 2020, a spread of $182.90 (10.2%), wider than the 6.1% average of the previous 12 months. Gold closed higher on 16 of 22 trading days and lower on 6; the strongest session was 27 July 2020 (+1.77%) and the weakest 1 July 2020 (−1.14%).
That was the biggest monthly gain since February 2016. It was the month gold first closed above $1,900 (on 27 July 2020). It was gold's 5th monthly gain in a row.
How July 2020 compares
- Against other Julys: at +9.01%, July 2020 ranks 1st of 26 Julys since 2001 (best first), the best since 2001.
- Against every month: it ranks 17th of 313 months since September 2000, better than 95% of them.
- Range: the gap between the highest and lowest close was $182.90, or 10.2% of the opening level, 1.7× the 6.1% average of the previous 12 months.
- Daily moves: the average day moved 0.72% (up or down), against 0.81% over the previous 12 months, so July 2020 was about as volatile as usual.
- Streaks: the longest run of higher closes was 9 days and the longest run of lower closes 2 days.
- Bigger picture: at the month-end close gold was +29.17% for 2020 to the end of July and +37.63% over 12 months (against the July 2019 close of $1,426.10).
- Average price: the mean of the 22 daily closes was $1,849.96; the World Bank's monthly average of the London (LBMA) price was $1,847.00.
Across the other 25 completed Julys since 2001, gold averaged +0.60% and rose in 14 of them (56%). July 2020 beat that average by 8.4 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 2020 in today's dollars
Adjusted for US consumer-price inflation, the $1,962.80 closing price equals about $2,555 in September 2026 dollars (CPI 258.4 in July 2020 against 336.3 in September 2026, FRED series CPIAUCSL), 30% 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 2020
The gold price in 2020 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 2020?
Gold closed July 2020 at $1,962.80 an ounce (COMEX settlement). It opened the month at $1,779.90 and averaged $1,849.96 across 22 trading days; the World Bank’s London average for the month was $1,847.00.
Did gold go up in July 2020?
Yes. Gold was up 9.01% in July 2020, from $1,800.50 at the end of June 2020 to $1,962.80. It closed higher on 16 of 22 days. Among Julys since 2001 it ranks 1st of 26 (best first).
What was the highest gold price in July 2020?
The highest close was $1,962.80 on 31 July 2020. The highest intraday price in the daily bars was $1,981.10 on 31 July 2020. It was a new all-time-high close.
What was the lowest gold price in July 2020?
The lowest close was $1,779.90 on 1 July 2020, $182.90 (10.2%) below the month’s highest close. The lowest intraday price was $1,766.30 on 2 July 2020.
Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.