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Gold Price in 2014

In 2014, the price of gold averaged $1,266 per troy ounce, down 10.3% from the year before. This page covers the 2014 average, high, low, and year-end close, and what that gold would be worth in today's dollars.

2014 Average

$1,266

LBMA annual average, USD/oz

Change vs 2013

-10.3%

from $1,411 in 2013

2014 High

$1,392

from daily trading data

2014 Low

$1,131

from daily trading data

Year-End Close

$1,183

last trading day of 2014

Gold Price Chart, 2004 to 2024

Annual average gold price per troy ounce, 2004 to 2024, with 2014 marked.

Gold Price by Month in 2014

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.

MonthAverageHighLow
January 2014$1,246$1,279$1,204
February 2014$1,303$1,345$1,241
March 2014$1,335$1,392$1,282
April 2014$1,299$1,331$1,269
May 2014$1,288$1,316$1,242
June 2014$1,283$1,330$1,240
July 2014$1,312$1,345$1,281
August 2014$1,296$1,323$1,269
September 2014$1,238$1,290$1,204
October 2014$1,223$1,255$1,161
November 2014$1,177$1,208$1,131
December 2014$1,200$1,238$1,143

What happened to the gold price in 2014

Gold averaged $1,266 per troy ounce in 2014, down 10.3% from $1,411 the year before. Daily trading data shows gold moved between a low of $1,131 and a high of $1,392 during the year, ending 2014 at $1,183.

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 2014 average of $1,266 equals about $1,724 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 2014?
Gold averaged $1,266 per troy ounce in 2014, based on LBMA annual average data. Daily prices ranged from a low of $1,131 to a high of $1,392, and the year closed at $1,183. That average was down 10.3% from $1,411 in 2013.
What is a 2014 gold price worth in today's dollars?
Adjusted with the US Consumer Price Index, gold's 2014 average of $1,266 works out to roughly $1,724 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.

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.