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Gold Price in 2000

In 2000, the price of gold averaged $279 per troy ounce, essentially unchanged from the year before. This page covers the 2000 average, high, low, and year-end close, the events that moved the market, and what that gold would be worth in today's dollars.

2000 Average

$279

LBMA annual average, USD/oz

Change vs 1999

+0.0%

from $279 in 1999

2000 High

$319

from daily trading data

2000 Low

$262

from daily trading data

Year-End Close

$272

last trading day of 2000

What happened to the gold price in 2000

Gold averaged $279 per troy ounce in 2000, essentially unchanged from $279 in 1999. Daily trading data shows gold moved between a low of $262 and a high of $319 during the year, ending 2000 at $272. The notable development of 2000: Dot-com bubble bursts.

The 2000s brought gold's modern bull market. The dot-com bust, the September 11 attacks, a weakening dollar, and finally the 2008 financial crisis rebuilt investment demand, carrying gold past $1,000 per ounce for the first time.

Adjusted for inflation, gold's 2000 average of $279 equals about $522 in today's dollars. The conversion uses US Bureau of Labor Statistics CPI-U annual averages, so treat it as a close approximation rather than an exact figure.

Frequently Asked Questions

What was the price of gold in 2000?
Gold averaged $279 per troy ounce in 2000, based on LBMA annual average data. Daily prices ranged from a low of $262 to a high of $319, and the year closed at $272. That average was essentially unchanged from $279 in 1999.
What is a 2000 gold price worth in today's dollars?
Adjusted with the US Consumer Price Index, gold's 2000 average of $279 works out to roughly $522 in today's dollars, using 2025 as the CPI base year. The conversion uses BLS CPI-U annual averages, so treat it as a close approximation rather than an exact figure.
What moved the gold price in 2000?
The defining story of 2000: Dot-com bubble bursts. Against that backdrop, the annual average held nearly steady at $279.

Annual averages are LBMA prices per troy ounce in US dollars. Where shown, the yearly high, low, and close come from MetalCharts daily historical data and may differ slightly from figures published elsewhere. Inflation adjustments use BLS CPI-U annual averages.