Gold in 2018 at a glance
| Average price per ounce | $1,268 |
| Average price per gram | $40.77 |
| Approx. low / high | $1,180 / $1,365 |
| Change vs previous year (average) | +0.9% |
| Average silver price | $15.70 |
| Gold/silver ratio | 81 |
| Change from 2018 average to today | — |
What moved gold in 2018
Four US rate hikes and a strong dollar pushed gold to a low in August before a recovery as stock markets fell late in the year.
An investor who bought one ounce at the 2018 average of $1,268 would hold metal worth — today — a change of —. Annual averages smooth out daily swings, so the price on any single day of 2018 could have been up to $97 higher or $88 lower than the average.
Figures are rounded approximations based on LBMA daily prices, for context only.
Gold price 2018 – FAQ
What was the average gold price in 2018?
The average gold price in 2018 was about $1,268 per troy ounce, or roughly $40.77 per gram, based on rounded LBMA daily fixes.
What were the highest and lowest gold prices in 2018?
Gold traded between roughly $1,180 and $1,365 per ounce during 2018.
Did gold go up in 2018?
On an annual-average basis gold was up about 0.9% in 2018 compared with 2017 ($1,257).
What happened to gold in 2018?
Four US rate hikes and a strong dollar pushed gold to a low in August before a recovery as stock markets fell late in the year.
How much was 10 grams of 24k gold in 2018?
At the 2018 average, 10 grams of pure gold were worth about $408 in US dollars, and 10 grams of 22k gold about $373.