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Gold Price in 2013

In 2013, the price of gold averaged $1,411 per troy ounce, down 15.5% from the year before. This page covers the 2013 average, high, low, and year-end close, the events that moved the market, and what that gold would be worth in today's dollars.

2013 Average

$1,411

LBMA annual average, USD/oz

Change vs 2012

-15.5%

from $1,669 in 2012

2013 High

$1,697

from daily trading data

2013 Low

$1,181

from daily trading data

Year-End Close

$1,205

last trading day of 2013

What happened to the gold price in 2013

Gold averaged $1,411 per troy ounce in 2013, sliding 15.5% from the $1,669 average of 2012. Daily trading data shows gold moved between a low of $1,181 and a high of $1,697 during the year, ending 2013 at $1,205. The notable development of 2013: Taper tantrum; gold crashes.

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 2013 average of $1,411 equals about $1,952 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 2013?
Gold averaged $1,411 per troy ounce in 2013, based on LBMA annual average data. Daily prices ranged from a low of $1,181 to a high of $1,697, and the year closed at $1,205. That average was down 15.5% from $1,669 in 2012.
What is a 2013 gold price worth in today's dollars?
Adjusted with the US Consumer Price Index, gold's 2013 average of $1,411 works out to roughly $1,952 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 2013?
The defining story of 2013: Taper tantrum; gold crashes. Against that backdrop, the annual average fell 15.5%, from $1,669 in 2012 to $1,411.

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.