Gold in 2019 at a glance
| Average price per ounce | $1,393 |
| Average price per gram | $44.79 |
| Approx. low / high | $1,270 / $1,555 |
| Change vs previous year (average) | +9.9% |
| Average silver price | $16.20 |
| Gold/silver ratio | 86 |
| Change from 2019 average to today | — |
What moved gold in 2019
The Fed reversed course and cut rates three times; gold broke out of its six-year range in June.
An investor who bought one ounce at the 2019 average of $1,393 would hold metal worth — today — a change of —. Annual averages smooth out daily swings, so the price on any single day of 2019 could have been up to $162 higher or $123 lower than the average.
Figures are rounded approximations based on LBMA daily prices, for context only.
Gold price 2019 – FAQ
What was the average gold price in 2019?
The average gold price in 2019 was about $1,393 per troy ounce, or roughly $44.79 per gram, based on rounded LBMA daily fixes.
What were the highest and lowest gold prices in 2019?
Gold traded between roughly $1,270 and $1,555 per ounce during 2019.
Did gold go up in 2019?
On an annual-average basis gold was up about 9.9% in 2019 compared with 2018 ($1,268).
What happened to gold in 2019?
The Fed reversed course and cut rates three times; gold broke out of its six-year range in June.
How much was 10 grams of 24k gold in 2019?
At the 2019 average, 10 grams of pure gold were worth about $448 in US dollars, and 10 grams of 22k gold about $410.