Gold price in October 2020: daily prices, high, low and change
Gold closed October 2020 at $1,879.90 an ounce, down 0.82% on the month. The highest close was $1,929.50 on 21 Oct and the lowest $1,868.00 on 29 Oct. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, October 2020 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = September 2020 close ($1,895.50).
Daily gold prices in October 2020 (22 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Thu 1 Oct | $1,891.20 | $1,917.90 | $1,890.00 | $1,916.30 | +$20.80 | +1.10% |
| Fri 2 Oct | $1,911.00 | $1,923.60 | $1,895.20 | $1,907.60 | −$8.70 | −0.45% |
| Mon 5 Oct | $1,910.90 | $1,924.90 | $1,891.20 | $1,920.10 | +$12.50 | +0.66% |
| Tue 6 Oct | $1,917.80 | $1,927.00 | $1,878.20 | $1,908.80 | −$11.30 | −0.59% |
| Wed 7 Oct | $1,882.60 | $1,902.40 | $1,877.10 | $1,890.80 | −$18.00 | −0.94% |
| Thu 8 Oct | $1,890.60 | $1,905.30 | $1,885.30 | $1,895.10 | +$4.30 | +0.23% |
| Fri 9 Oct best day | $1,898.40 | $1,936.80 | $1,898.00 | $1,926.20 | +$31.10 | +1.64% |
| Mon 12 Oct | $1,935.00 | $1,939.40 | $1,923.80 | $1,928.90 | +$2.70 | +0.14% |
| Tue 13 Oct worst day | $1,927.30 | $1,930.60 | $1,889.30 | $1,894.60 | −$34.30 | −1.78% |
| Wed 14 Oct | $1,895.40 | $1,917.50 | $1,885.00 | $1,907.30 | +$12.70 | +0.67% |
| Thu 15 Oct | $1,906.00 | $1,913.20 | $1,892.70 | $1,908.90 | +$1.60 | +0.08% |
| Fri 16 Oct | $1,912.70 | $1,918.70 | $1,901.10 | $1,906.40 | −$2.50 | −0.13% |
| Mon 19 Oct | $1,903.20 | $1,923.40 | $1,900.20 | $1,911.70 | +$5.30 | +0.28% |
| Tue 20 Oct | $1,906.40 | $1,917.60 | $1,896.60 | $1,915.40 | +$3.70 | +0.19% |
| Wed 21 Oct | $1,911.60 | $1,936.00 | $1,911.60 | $1,929.50 | +$14.10 | +0.74% |
| Thu 22 Oct | $1,927.40 | $1,929.40 | $1,894.20 | $1,904.60 | −$24.90 | −1.29% |
| Fri 23 Oct | $1,906.50 | $1,917.30 | $1,895.20 | $1,905.20 | +$0.60 | +0.03% |
| Mon 26 Oct | $1,906.00 | $1,911.10 | $1,892.50 | $1,905.70 | +$0.50 | +0.03% |
| Tue 27 Oct | $1,904.40 | $1,913.80 | $1,898.70 | $1,911.90 | +$6.20 | +0.33% |
| Wed 28 Oct | $1,909.80 | $1,912.60 | $1,869.10 | $1,879.20 | −$32.70 | −1.71% |
| Thu 29 Oct | $1,877.50 | $1,885.10 | $1,859.20 | $1,868.00 | −$11.20 | −0.60% |
| Fri 30 Oct | $1,867.90 | $1,890.90 | $1,863.30 | $1,879.90 | +$11.90 | +0.64% |
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
| October 2020 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $1,916.30 | $1,929.50 | $1,868.00 | $1,879.90 | −0.82% |
| Intraday | $1,891.20 | $1,939.40 12 Oct | $1,859.20 29 Oct | $1,879.90 | — |
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 October 2020: summary
Gold edged lower 0.82% in October 2020, finishing at $1,879.90 an ounce against $1,895.50 at the end of September 2020. Settlement prices ranged from $1,868.00 on 29 October 2020 to $1,929.50 on 21 October 2020, a spread of $61.50 (3.2%), narrower than the 6.6% average of the previous 12 months. Gold closed higher on 14 of 22 trading days and lower on 8; the strongest session was 9 October 2020 (+1.64%) and the weakest 13 October 2020 (−1.78%).
How October 2020 compares
- Against other Octobers: at −0.82%, October 2020 ranks 16th of 26 Octobers since 2000 (best first).
- Against every month: it ranks 199th of 313 months since September 2000, better than 37% of them.
- Range: the gap between the highest and lowest close was $61.50, or 3.2% of the opening level, 0.5× the 6.6% average of the previous 12 months.
- Daily moves: the average day moved 0.65% (up or down), against 0.88% over the previous 12 months, so October 2020 was calmer than usual.
- Streaks: the longest run of higher closes was 3 days and the longest run of lower closes 2 days.
- Bigger picture: at the month-end close gold was +23.72% for 2020 to the end of October and +24.38% over 12 months (against the October 2019 close of $1,511.40).
- Average price: the mean of the 22 daily closes was $1,905.55; the World Bank's monthly average of the London (LBMA) price was $1,900.00.
Across the other 25 completed Octobers since 2000, gold averaged +0.17% and rose in 13 of them (52%). October 2020 lagged that average by 1.0 percentage points. The gold seasonality tool shows the same statistics for every calendar month, and the monthly returns heatmap lays out all Octobers side by side.
October 2020 in today's dollars
Adjusted for US consumer-price inflation, the $1,879.90 closing price equals about $2,429 in September 2026 dollars (CPI 260.3 in October 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 October 2020?
Gold closed October 2020 at $1,879.90 an ounce (COMEX settlement). It opened the month at $1,916.30 and averaged $1,905.55 across 22 trading days; the World Bank’s London average for the month was $1,900.00.
Did gold go up in October 2020?
No. Gold was down 0.82% in October 2020, from $1,895.50 at the end of September 2020 to $1,879.90. It closed higher on 14 of 22 days. Among Octobers since 2000 it ranks 16th of 26 (best first).
What was the highest gold price in October 2020?
The highest close was $1,929.50 on 21 October 2020. The highest intraday price in the daily bars was $1,939.40 on 12 October 2020.
What was the lowest gold price in October 2020?
The lowest close was $1,868.00 on 29 October 2020, $61.50 (3.2%) below the month’s highest close. The lowest intraday price was $1,859.20 on 29 October 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.