Gold price in 2024: open, high, low, close
Gold averaged $2,404.71 an ounce in 2024, moving between $2,004.30 and $2,800.80. Month-by-month figures, the year's change and the inflation-adjusted value, from public data.
Gold price in 2024, month by month (US dollars per troy ounce)
| Month | Open | High | Low | Close | London avg |
|---|---|---|---|---|---|
| January | $2,073.40 | $2,073.40 | $2,006.50 | $2,048.40 | $2,034.00 |
| February | $2,071.10 | $2,071.10 | $2,004.30 | $2,054.70 | $2,023.00 |
| March | $2,095.70 | $2,217.40 | $2,095.70 | $2,217.40 | $2,158.00 |
| April | $2,257.10 | $2,413.80 | $2,257.10 | $2,302.90 | $2,331.00 |
| May | $2,311.00 | $2,438.50 | $2,308.60 | $2,322.90 | $2,351.00 |
| June | $2,369.30 | $2,390.90 | $2,313.20 | $2,339.60 | $2,326.00 |
| July | $2,338.90 | $2,467.80 | $2,333.40 | $2,426.50 | $2,398.00 |
| August | $2,480.80 | $2,560.30 | $2,431.60 | $2,527.60 | $2,470.00 |
| September | $2,523.00 | $2,694.90 | $2,523.00 | $2,659.40 | $2,571.00 |
| October | $2,690.30 | $2,800.80 | $2,626.00 | $2,749.30 | $2,690.00 |
| November | $2,749.20 | $2,749.70 | $2,570.10 | $2,657.00 | $2,651.00 |
| December | $2,658.50 | $2,756.70 | $2,608.10 | $2,641.00 | $2,648.00 |
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 2024: the numbers
In 2024, gold averaged $2,404.71 an ounce, measured by daily COMEX settlement prices. It opened the year at $2,073.40, reached a high of $2,800.80 in October 2024 and a low of $2,004.30 in February 2024, and closed at $2,641.00, a change of +27.5% from the end of 2023. 9 of the 11 month-to-month changes were higher. Adjusted for inflation, the closing price equals about $2,796 in September 2026 dollars.
For context, gold closed 2023 at $2,071.80 and 2025 at $4,341.10 (+64.4% in 2025).
Gold's strongest year in more than a decade: it set dozens of new records, passing $2,500 in August and $2,700 in October. The Federal Reserve made its first rate cut of the cycle on 18 September 2024 (half a percentage point), central banks kept buying, and Chinese investors turned to gold as property and stocks struggled.
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 2024 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 2024?
Gold averaged $2,404.71 per troy ounce in 2024, measured by daily COMEX settlement prices. It opened the year at $2,073.40 and closed at $2,641.00.
What was the highest gold price in 2024?
The highest daily settlement in 2024 was $2,800.80, in October 2024. Intraday highs were slightly higher.
What was the lowest gold price in 2024?
The lowest daily settlement in 2024 was $2,004.30, in February 2024.
Did gold go up or down in 2024?
Gold up +27.5% in 2024, from $2,071.80 at the end of 2023 to $2,641.00. Adjusted for inflation, that closing price is about $2,796 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.