Gold Price in 2019
In 2019, the price of gold averaged $1,393 per troy ounce, up 9.8% from the year before. This page covers the 2019 average, high, low, and year-end close, the events that moved the market, and what that gold would be worth in today's dollars.
2019 Average
$1,393
LBMA annual average, USD/oz
Change vs 2018
+9.8%
from $1,269 in 2018
2019 High
$1,557
from daily trading data
2019 Low
$1,266
from daily trading data
Year-End Close
$1,517
last trading day of 2019
Gold Price Chart, 2005 to 2025
Gold Price by Month in 2019
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 2019 | $1,293 | $1,326 | $1,277 |
| February 2019 | $1,319 | $1,347 | $1,302 |
| March 2019 | $1,301 | $1,325 | $1,281 |
| April 2019 | $1,286 | $1,311 | $1,266 |
| May 2019 | $1,284 | $1,307 | $1,266 |
| June 2019 | $1,362 | $1,439 | $1,305 |
| July 2019 | $1,415 | $1,453 | $1,382 |
| August 2019 | $1,504 | $1,555 | $1,401 |
| September 2019 | $1,508 | $1,557 | $1,465 |
| October 2019 | $1,495 | $1,520 | $1,459 |
| November 2019 | $1,470 | $1,516 | $1,446 |
| December 2019 | $1,482 | $1,525 | $1,454 |
What happened to the gold price in 2019
Gold averaged $1,393 per troy ounce in 2019, up 9.8% from $1,269 the year before. Daily trading data shows gold moved between a low of $1,266 and a high of $1,557 during the year, ending 2019 at $1,517. The notable development of 2019: Fed reverses to rate cuts.
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 2019 average of $1,393 equals about $1,756 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 2019?
What is a 2019 gold price worth in today's dollars?
What moved the gold price in 2019?
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.