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Gold Price in 2015

In 2015, the price of gold averaged $1,160 per troy ounce, down 8.4% from the year before. This page covers the 2015 average, high, low, and year-end close, the events that moved the market, and what that gold would be worth in today's dollars.

2015 Average

$1,160

LBMA annual average, USD/oz

Change vs 2014

-8.4%

from $1,266 in 2014

2015 High

$1,308

from daily trading data

2015 Low

$1,046

from daily trading data

Year-End Close

$1,061

last trading day of 2015

What happened to the gold price in 2015

Gold averaged $1,160 per troy ounce in 2015, down 8.4% from $1,266 the year before. Daily trading data shows gold moved between a low of $1,046 and a high of $1,308 during the year, ending 2015 at $1,061. The notable development of 2015: Fed begins rate hikes.

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 2015 average of $1,160 equals about $1,578 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 2015?
Gold averaged $1,160 per troy ounce in 2015, based on LBMA annual average data. Daily prices ranged from a low of $1,046 to a high of $1,308, and the year closed at $1,061. That average was down 8.4% from $1,266 in 2014.
What is a 2015 gold price worth in today's dollars?
Adjusted with the US Consumer Price Index, gold's 2015 average of $1,160 works out to roughly $1,578 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 2015?
The defining story of 2015: Fed begins rate hikes. Against that backdrop, the annual average fell 8.4%, from $1,266 in 2014 to $1,160.

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.