Gold price in August 2022: daily prices, high, low and change
Gold closed August 2022 at $1,726.20 an ounce, down 2.08% on the month. The highest close was $1,815.50 on 12 Aug and the lowest $1,726.20 on 31 Aug. Every trading day below, with ranks and context computed from COMEX data.
Gold price chart, August 2022 (daily close and high-low range, US$ per ounce)
Gold line = daily settlement; bars = intraday high to low where available; dashed line = July 2022 close ($1,762.90).
Daily gold prices in August 2022 (23 trading days)
| Date | Open | High | Low | Close | Change | % change |
|---|---|---|---|---|---|---|
| Mon 1 Aug | $1,782.50 | $1,792.50 | $1,774.30 | $1,787.70 | +$24.80 | +1.41% |
| Tue 2 Aug | $1,789.20 | $1,805.00 | $1,776.00 | $1,789.70 | +$2.00 | +0.11% |
| Wed 3 Aug | $1,777.30 | $1,789.40 | $1,770.00 | $1,776.40 | −$13.30 | −0.74% |
| Thu 4 Aug best day | $1,782.10 | $1,812.00 | $1,779.40 | $1,806.90 | +$30.50 | +1.72% |
| Fri 5 Aug | $1,807.70 | $1,811.60 | $1,780.20 | $1,791.20 | −$15.70 | −0.87% |
| Mon 8 Aug | $1,790.30 | $1,806.40 | $1,786.90 | $1,805.20 | +$14.00 | +0.78% |
| Tue 9 Aug | $1,805.50 | $1,817.00 | $1,799.40 | $1,812.30 | +$7.10 | +0.39% |
| Wed 10 Aug | $1,811.50 | $1,824.60 | $1,803.30 | $1,813.70 | +$1.40 | +0.08% |
| Thu 11 Aug | $1,807.90 | $1,814.90 | $1,798.60 | $1,807.20 | −$6.50 | −0.36% |
| Fri 12 Aug | $1,805.20 | $1,819.10 | $1,799.60 | $1,815.50 | +$8.30 | +0.46% |
| Mon 15 Aug | $1,818.90 | $1,818.90 | $1,787.60 | $1,798.10 | −$17.40 | −0.96% |
| Tue 16 Aug | $1,795.50 | $1,798.00 | $1,785.40 | $1,789.70 | −$8.40 | −0.47% |
| Wed 17 Aug | $1,790.80 | $1,796.60 | $1,773.90 | $1,776.70 | −$13.00 | −0.73% |
| Thu 18 Aug | $1,777.10 | $1,786.30 | $1,768.80 | $1,771.20 | −$5.50 | −0.31% |
| Fri 19 Aug | $1,773.10 | $1,773.30 | $1,759.10 | $1,762.90 | −$8.30 | −0.47% |
| Mon 22 Aug | $1,760.60 | $1,762.10 | $1,740.20 | $1,748.40 | −$14.50 | −0.82% |
| Tue 23 Aug | $1,750.00 | $1,767.50 | $1,743.10 | $1,761.20 | +$12.80 | +0.73% |
| Wed 24 Aug | $1,761.30 | $1,769.50 | $1,754.80 | $1,761.50 | +$0.30 | +0.02% |
| Thu 25 Aug | $1,764.40 | $1,778.80 | $1,763.00 | $1,771.40 | +$9.90 | +0.56% |
| Fri 26 Aug worst day | $1,771.80 | $1,772.30 | $1,746.20 | $1,749.80 | −$21.60 | −1.22% |
| Mon 29 Aug | $1,748.40 | $1,757.90 | $1,731.40 | $1,749.70 | −$0.10 | −0.01% |
| Tue 30 Aug | $1,749.80 | $1,752.80 | $1,732.90 | $1,736.30 | −$13.40 | −0.77% |
| Wed 31 Aug | $1,735.50 | $1,738.00 | $1,720.60 | $1,726.20 | −$10.10 | −0.58% |
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
| August 2022 | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| Settlements | $1,787.70 | $1,815.50 | $1,726.20 | $1,726.20 | −2.08% |
| Intraday | $1,782.50 | $1,824.60 10 Aug | $1,720.60 31 Aug | $1,726.20 | — |
Settlements: first, highest, lowest and last daily close of the month (the basis used on the 2022 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 August 2022: summary
Gold lost ground 2.08% in August 2022, from $1,762.90 at the end of July 2022 to $1,726.20 an ounce. Gold closed higher on 10 of 23 trading days and lower on 13; the strongest session was 4 August 2022 (+1.72%) and the weakest 26 August 2022 (−1.22%). Settlement prices ranged from $1,726.20 on 31 August 2022 to $1,815.50 on 12 August 2022, a spread of $89.30 (5.1%), wider than the 5.0% average of the previous 12 months.
On the monthly change, August 2022 was the 3rd-worst August of the 26 since 2001. It was gold's 5th monthly loss in a row.
How August 2022 compares
- Against other Augusts: at −2.08%, August 2022 ranks 24th of 26 Augusts since 2001 (best first).
- Against every month: it ranks 239th of 313 months since September 2000, better than 24% of them.
- Range: the gap between the highest and lowest close was $89.30, or 5.1% of the opening level, 1.0× the 5.0% average of the previous 12 months.
- Daily moves: the average day moved 0.63% (up or down), against 0.70% over the previous 12 months, so August 2022 was about as volatile as usual.
- Streaks: the longest run of higher closes was 3 days and the longest run of lower closes 6 days.
- Bigger picture: at the month-end close gold was −5.60% for 2022 to the end of August and −5.05% over 12 months (against the August 2021 close of $1,818.10).
- Average price: the mean of the 23 daily closes was $1,778.65; the World Bank's monthly average of the London (LBMA) price was $1,765.00.
Across the other 25 completed Augusts since 2001, gold averaged +2.69% and rose in 19 of them (76%). August 2022 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 Augusts side by side.
August 2022 in today's dollars
Adjusted for US consumer-price inflation, the $1,726.20 closing price equals about $1,967 in September 2026 dollars (CPI 295.1 in August 2022 against 336.3 in September 2026, FRED series CPIAUCSL), 14% 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 2022
The gold price in 2022 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 August 2022?
Gold closed August 2022 at $1,726.20 an ounce (COMEX settlement). It opened the month at $1,787.70 and averaged $1,778.65 across 23 trading days; the World Bank’s London average for the month was $1,765.00.
Did gold go up in August 2022?
No. Gold was down 2.08% in August 2022, from $1,762.90 at the end of July 2022 to $1,726.20. It closed higher on 10 of 23 days. Among Augusts since 2001 it ranks 24th of 26 (best first).
What was the highest gold price in August 2022?
The highest close was $1,815.50 on 12 August 2022. The highest intraday price in the daily bars was $1,824.60 on 10 August 2022.
What was the lowest gold price in August 2022?
The lowest close was $1,726.20 on 31 August 2022, $89.30 (5.1%) below the month’s highest close. The lowest intraday price was $1,720.60 on 31 August 2022.
Educational information only, not financial advice and not a forecast. Past prices do not predict future prices. See our risk disclaimer and editorial policy.