Gold Price in 2017
In 2017, the price of gold averaged $1,257 per troy ounce, up 0.5% from the year before. This page covers the 2017 average, high, low, and year-end close, and what that gold would be worth in today's dollars.
2017 Average
$1,257
LBMA annual average, USD/oz
Change vs 2016
+0.5%
from $1,251 in 2016
2017 High
$1,358
from daily trading data
2017 Low
$1,146
from daily trading data
Year-End Close
$1,303
last trading day of 2017
Gold Price Chart, 2005 to 2025
Gold Price by Month in 2017
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 2017 | $1,194 | $1,220 | $1,146 |
| February 2017 | $1,235 | $1,264 | $1,198 |
| March 2017 | $1,231 | $1,261 | $1,195 |
| April 2017 | $1,270 | $1,296 | $1,244 |
| May 2017 | $1,246 | $1,274 | $1,214 |
| June 2017 | $1,260 | $1,296 | $1,236 |
| July 2017 | $1,238 | $1,271 | $1,205 |
| August 2017 | $1,284 | $1,326 | $1,252 |
| September 2017 | $1,315 | $1,358 | $1,276 |
| October 2017 | $1,281 | $1,306 | $1,261 |
| November 2017 | $1,282 | $1,299 | $1,266 |
| December 2017 | $1,267 | $1,308 | $1,237 |
What happened to the gold price in 2017
Gold averaged $1,257 per troy ounce in 2017, essentially unchanged from $1,251 in 2016. Daily trading data shows gold moved between a low of $1,146 and a high of $1,358 during the year, ending 2017 at $1,303.
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 2017 average of $1,257 equals about $1,653 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 2017?
What is a 2017 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.