Gold Price in 2009
In 2009, the price of gold averaged $972 per troy ounce, up 11.5% from the year before. This page covers the 2009 average, high, low, and year-end close, the events that moved the market, and what that gold would be worth in today's dollars.
2009 Average
$972
LBMA annual average, USD/oz
Change vs 2008
+11.5%
from $872 in 2008
2009 High
$1,227
from daily trading data
2009 Low
$802
from daily trading data
Year-End Close
$1,097
last trading day of 2009
Gold Price Chart, 1999 to 2019
Gold Price by Month in 2009
Each month's average of daily closing prices, with its high and low, per troy ounce. These come from MetalCharts daily spot data, so they can differ slightly from the annual average above, which is based on LBMA annual average data.
| Month | Average | High | Low |
|---|---|---|---|
| January 2009 | $862 | $930 | $802 |
| February 2009 | $942 | $1,006 | $890 |
| March 2009 | $927 | $967 | $883 |
| April 2009 | $891 | $934 | $865 |
| May 2009 | $930 | $980 | $880 |
| June 2009 | $946 | $990 | $913 |
| July 2009 | $935 | $959 | $905 |
| August 2009 | $950 | $972 | $930 |
| September 2009 | $998 | $1,024 | $947 |
| October 2009 | $1,045 | $1,071 | $987 |
| November 2009 | $1,132 | $1,195 | $1,042 |
| December 2009 | $1,127 | $1,227 | $1,075 |
What happened to the gold price in 2009
Gold averaged $972 per troy ounce in 2009, up 11.5% from $872 the year before. Daily trading data shows gold moved between a low of $802 and a high of $1,227 during the year, ending 2009 at $1,097. The notable development of 2009: Fed expands QE1.
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 2009 average of $972 equals about $1,460 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 2009?
What is a 2009 gold price worth in today's dollars?
What moved the gold price in 2009?
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.