Gold price in 2022: open, high, low, close
Gold averaged $1,805.19 an ounce in 2022, moving between $1,630.90 and $2,043.30. Month-by-month figures, the year's change and the inflation-adjusted value, from public data.
Gold price in 2022, month by month (US dollars per troy ounce)
| Month | Open | High | Low | Close | London avg |
|---|---|---|---|---|---|
| January | $1,800.10 | $1,852.50 | $1,784.90 | $1,795.00 | $1,816.00 |
| February | $1,801.50 | $1,926.30 | $1,801.50 | $1,900.70 | $1,856.00 |
| March | $1,943.80 | $2,043.30 | $1,909.20 | $1,949.20 | $1,948.00 |
| April | $1,923.70 | $1,986.40 | $1,888.70 | $1,911.70 | $1,937.00 |
| May | $1,863.60 | $1,882.80 | $1,808.20 | $1,842.70 | $1,849.00 |
| June | $1,848.70 | $1,875.50 | $1,807.30 | $1,807.30 | $1,837.00 |
| July | $1,801.50 | $1,801.50 | $1,700.20 | $1,762.90 | $1,733.00 |
| August | $1,787.70 | $1,815.50 | $1,726.20 | $1,726.20 | $1,765.00 |
| September | $1,709.30 | $1,740.60 | $1,633.40 | $1,672.00 | $1,681.00 |
| October | $1,702.00 | $1,730.50 | $1,634.20 | $1,640.70 | $1,664.00 |
| November | $1,649.70 | $1,776.90 | $1,630.90 | $1,746.00 | $1,725.00 |
| December | $1,815.20 | $1,826.20 | $1,781.30 | $1,826.20 | $1,798.00 |
Open, high, low and close are daily COMEX futures settlements; the last column is the monthly average of the London (LBMA) price, which differs slightly from COMEX.
Source: World Bank Commodity Markets (Pink Sheet) monthly London gold prices; COMEX gold futures (GC=F) daily settlements; US CPI (FRED series CPIAUCSL). Data updated ; refreshed automatically about once a day. Figures are indicative and may be revised by the sources.
Gold in 2022: the numbers
In 2022, gold averaged $1,805.19 an ounce, measured by daily COMEX settlement prices. It opened the year at $1,800.10, reached a high of $2,043.30 in March 2022 and a low of $1,630.90 in November 2022, and closed at $1,826.20, a change of −0.1% from the end of 2021. 4 of the 11 month-to-month changes were higher. Adjusted for inflation, the closing price equals about $2,055 in September 2026 dollars.
For context, gold closed 2021 at $1,828.60 and 2023 at $2,071.80 (+13.4% in 2023).
Russia's invasion of Ukraine on 24 February 2022 sent gold within a few dollars of its 2020 record in early March. The Federal Reserve then began its fastest tightening cycle since the 1980s, starting on 16 March 2022, and gold slid through the autumn before recovering in November and December to finish the year roughly flat. Central banks bought gold at a record pace, according to the World Gold Council.
How this compares with the whole record
The gold price history page charts every year since 1968 and lists the open, high, low and close of each, and the all-time-high tracker shows every record close. Figures for 2022 use daily COMEX settlement prices; the London price and COMEX futures differ slightly, usually by a few dollars.
Frequently asked questions
What was the gold price in 2022?
Gold averaged $1,805.19 per troy ounce in 2022, measured by daily COMEX settlement prices. It opened the year at $1,800.10 and closed at $1,826.20.
What was the highest gold price in 2022?
The highest daily settlement in 2022 was $2,043.30, in March 2022. Intraday highs were slightly higher.
What was the lowest gold price in 2022?
The lowest daily settlement in 2022 was $1,630.90, in November 2022.
Did gold go up or down in 2022?
Gold down −0.1% in 2022, from $1,828.60 at the end of 2021 to $1,826.20. Adjusted for inflation, that closing price is about $2,055 in September 2026 dollars.
Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.