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, the events that moved the market, 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
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?
What is a 2014 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.