Gold Price in 2012
In 2012, the price of gold averaged $1,669 per troy ounce, up 6.2% from the year before. This page covers the 2012 average, high, low, and year-end close, and what that gold would be worth in today's dollars.
2012 Average
$1,669
LBMA annual average, USD/oz
Change vs 2011
+6.2%
from $1,572 in 2011
2012 High
$1,796
from daily trading data
2012 Low
$1,527
from daily trading data
Year-End Close
$1,676
last trading day of 2012
Gold Price Chart, 2002 to 2022
Gold Price by Month in 2012
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 2012 | $1,662 | $1,748 | $1,565 |
| February 2012 | $1,742 | $1,791 | $1,688 |
| March 2012 | $1,677 | $1,726 | $1,628 |
| April 2012 | $1,650 | $1,684 | $1,612 |
| May 2012 | $1,588 | $1,672 | $1,527 |
| June 2012 | $1,601 | $1,641 | $1,545 |
| July 2012 | $1,594 | $1,630 | $1,555 |
| August 2012 | $1,630 | $1,693 | $1,584 |
| September 2012 | $1,746 | $1,788 | $1,686 |
| October 2012 | $1,744 | $1,796 | $1,699 |
| November 2012 | $1,723 | $1,754 | $1,673 |
| December 2012 | $1,685 | $1,723 | $1,636 |
What happened to the gold price in 2012
Gold averaged $1,669 per troy ounce in 2012, up 6.2% from $1,572 the year before. Daily trading data shows gold moved between a low of $1,527 and a high of $1,796 during the year, ending 2012 at $1,676.
The 2010s split into two very different halves. Quantitative easing and the European debt crisis drove gold to $1,921 in September 2011, then a multi-year correction set in as the Fed tapered and raised rates, before rate cuts and trade tensions revived the metal late in the decade.
Adjusted for inflation, gold's 2012 average of $1,669 equals about $2,343 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 2012?
What is a 2012 gold price worth in today's dollars?
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.