Gold price in September 2020: daily prices, high, low and change
Gold closed September 2020 at $1,895.50 an ounce, down 4.20% on the month. The highest close was $1,978.90 on 1 Sep and the lowest $1,866.30 on 25 Sep. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, September 2020 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = August 2020 close ($1,978.60).
Daily gold prices in September 2020 (21 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Tue 1 Sep | $1,973.70 | $2,001.20 | $1,969.20 | $1,978.90 | +$0.30 | +0.02% |
| Wed 2 Sep | $1,976.80 | $1,980.40 | $1,938.90 | $1,944.70 | −$34.20 | −1.73% |
| Thu 3 Sep | $1,948.90 | $1,956.60 | $1,927.20 | $1,937.80 | −$6.90 | −0.35% |
| Fri 4 Sep | $1,938.00 | $1,956.60 | $1,921.60 | $1,934.30 | −$3.50 | −0.18% |
| Tue 8 Sep | $1,938.00 | $1,948.30 | $1,911.70 | $1,943.20 | +$8.90 | +0.46% |
| Wed 9 Sep | $1,939.40 | $1,959.70 | $1,926.30 | $1,954.90 | +$11.70 | +0.60% |
| Thu 10 Sep | $1,955.30 | $1,975.20 | $1,948.60 | $1,964.30 | +$9.40 | +0.48% |
| Fri 11 Sep | $1,953.80 | $1,963.40 | $1,944.00 | $1,947.90 | −$16.40 | −0.83% |
| Mon 14 Sep | $1,948.90 | $1,972.50 | $1,945.20 | $1,963.70 | +$15.80 | +0.81% |
| Tue 15 Sep | $1,966.20 | $1,982.40 | $1,955.60 | $1,966.20 | +$2.50 | +0.13% |
| Wed 16 Sep | $1,961.40 | $1,983.80 | $1,957.20 | $1,970.50 | +$4.30 | +0.22% |
| Thu 17 Sep | $1,967.60 | $1,969.30 | $1,938.20 | $1,949.90 | −$20.60 | −1.05% |
| Fri 18 Sep | $1,951.10 | $1,968.20 | $1,951.10 | $1,962.10 | +$12.20 | +0.63% |
| Mon 21 Sep worst day | $1,957.30 | $1,962.90 | $1,885.40 | $1,910.60 | −$51.50 | −2.62% |
| Tue 22 Sep | $1,918.10 | $1,925.50 | $1,898.90 | $1,907.60 | −$3.00 | −0.16% |
| Wed 23 Sep | $1,905.10 | $1,909.90 | $1,856.00 | $1,868.40 | −$39.20 | −2.05% |
| Thu 24 Sep | $1,866.90 | $1,880.90 | $1,851.00 | $1,876.90 | +$8.50 | +0.45% |
| Fri 25 Sep | $1,872.70 | $1,879.30 | $1,854.10 | $1,866.30 | −$10.60 | −0.56% |
| Mon 28 Sep | $1,862.70 | $1,888.20 | $1,851.10 | $1,882.30 | +$16.00 | +0.86% |
| Tue 29 Sep best day | $1,886.40 | $1,904.80 | $1,880.80 | $1,903.20 | +$20.90 | +1.11% |
| Wed 30 Sep | $1,903.20 | $1,908.20 | $1,885.80 | $1,895.50 | −$7.70 | −0.40% |
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
| September 2020 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $1,978.90 | $1,978.90 | $1,866.30 | $1,895.50 | −4.20% |
| Intraday | $1,973.70 | $2,001.20 1 Sep | $1,851.00 24 Sep | $1,895.50 | — |
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 September 2020: summary
Gold dropped 4.20% in September 2020, from $1,978.60 at the end of August 2020 to $1,895.50 an ounce. Settlement prices ranged from $1,866.30 on 25 September 2020 to $1,978.90 on 1 September 2020, a spread of $112.60 (5.7%), narrower than the 6.6% average of the previous 12 months. Gold closed higher on 11 of 21 trading days and lower on 10; the strongest session was 29 September 2020 (+1.11%) and the weakest 21 September 2020 (−2.62%).
That was the biggest monthly fall since November 2016. It ended a run of 6 straight monthly gains.
How September 2020 compares
- Against other Septembers: at −4.20%, September 2020 ranks 21st of 27 Septembers since 2000 (best first).
- Against every month: it ranks 275th of 313 months since September 2000, better than 12% of them.
- Range: the gap between the highest and lowest close was $112.60, or 5.7% of the opening level, 0.9× the 6.6% average of the previous 12 months.
- Daily moves: the average day moved 0.75% (up or down), against 0.88% over the previous 12 months, so September 2020 was about as volatile as usual.
- Streaks: the longest run of higher closes was 3 days and the longest run of lower closes 3 days.
- Bigger picture: at the month-end close gold was +24.74% for 2020 to the end of September and +29.32% over 12 months (against the September 2019 close of $1,465.70).
- Average price: the mean of the 21 daily closes was $1,929.96; the World Bank's monthly average of the London (LBMA) price was $1,922.00.
Across the other 26 completed Septembers since 2000, gold averaged +0.60% and rose in 13 of them (50%). September 2020 lagged that average by 4.8 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 2020 in today's dollars
Adjusted for US consumer-price inflation, the $1,895.50 closing price equals about $2,452 in September 2026 dollars (CPI 260.0 in September 2020 against 336.3 in September 2026, FRED series CPIAUCSL), 29% 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 September 2020?
Gold closed September 2020 at $1,895.50 an ounce (COMEX settlement). It opened the month at $1,978.90 and averaged $1,929.96 across 21 trading days; the World Bank’s London average for the month was $1,922.00.
Did gold go up in September 2020?
No. Gold was down 4.20% in September 2020, from $1,978.60 at the end of August 2020 to $1,895.50. It closed higher on 11 of 21 days. Among Septembers since 2000 it ranks 21st of 27 (best first).
What was the highest gold price in September 2020?
The highest close was $1,978.90 on 1 September 2020. The highest intraday price in the daily bars was $2,001.20 on 1 September 2020.
What was the lowest gold price in September 2020?
The lowest close was $1,866.30 on 25 September 2020, $112.60 (5.7%) below the month’s highest close. The lowest intraday price was $1,851.00 on 24 September 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.