Price of Gold in 2020
2020 Gold Price Summary
- Average Price: $1,773.73 (USD). The average price of gold per troy ounce in 2020 was $1,895.10 (USD)
- Highest Price: $2,067.15 (USD). The highest recorded gold price in 2020 was $2,067.15 per troy ounce (USD) reached on August 6, 2020
- Lowest Price: $1,472.35 (USD). The lowest recorded gold price in 2020 was $1,472.35 per troy ounce (USD) reached on March 17, 2020
Significant Events
- Global Pandemic (COVID-19): The outbreak of COVID-19 in late 2019 significantly impacted the global economy in 2020. As economic uncertainty surged, gold prices rose throughout the year, as investors sought safe-haven assets.
- Government Stimulus: Government stimulus packages enacted worldwide in response to the pandemic also contributed to the rise in gold prices, as some investors feared potential inflation.
2020 Gold Price Annual Chart
The following daily gold price data is for Gold Prices in 2020.
To see additional Gold Price history and current gold price charts visit our live Gold Price page.
In 2020, a pandemic driven market selloff shocked the financial world. From a stock market selloff faster than the October 1929 crash to negatively priced crude oil, the global economic shutdown due to the Covid19 Pandemic caused financial volatility never before seen.
2020 fiat US dollar price per troy ounce of gold chart
Gold Price in 2020: How Did It Fare Against 2021 & 2019?
The average price of gold per troy ounce in 2020 was $1,773.73 USD, which was significantly higher than both 2019 and 2021. This increase reflected investor uncertainty due to economic factors like inflation. Compared to 2019, the price of gold in 2020 was $484.00 higher on average. There was also a moderate increase of the gold price compared to 2021, with an average price $77.00 higher.
2020 fiat US dollar price per troy ounce of gold chart compared to 2019 and 2021
The Coronavirus Crash: Will the Economy Recover?
This video talks about the economic impact of the coronavirus pandemic. The speaker, James Anderson, from SD Bullion, discusses the recent stock market crash and the potential for a larger economic crisis. The video argues that the current economic situation is different from past recessions and could be much worse. The speaker also discusses the potential for a deflationary spiral and the impact of the oil price war.
2020 Gold Prices - Daily Gold Price Fix Data Below
|
DATE |
Daily Gold Price AM Fix |
Daily Gold Price PM Fix |
|
1/2/2020 |
$1520.55 |
$1527.10 |
|
1/3/2020 |
$1547.40 |
$1548.75 |
|
1/6/2020 |
$1576.85 |
$1573.10 |
|
1/7/2020 |
$1566.50 |
$1567.85 |
|
1/8/2020 |
$1582.85 |
$1571.95 |
|
1/9/2020 |
$1547.85 |
$1550.75 |
|
1/10/2020 |
$1548.80 |
$1553.60 |
|
1/13/2020 |
$1550.35 |
$1549.90 |
|
1/14/2020 |
$1544.95 |
$1545.10 |
|
1/15/2020 |
$1551.90 |
$1549.00 |
|
1/16/2020 |
$1555.20 |
$1554.55 |
|
1/17/2020 |
$1556.50 |
$1557.60 |
|
1/20/2020 |
$1559.25 |
$1560.15 |
|
1/21/2020 |
$1556.25 |
$1551.30 |
|
1/22/2020 |
$1558.10 |
$1556.90 |
|
1/23/2020 |
$1554.05 |
$1562.90 |
|
1/24/2020 |
$1561.85 |
$1564.30 |
|
1/27/2020 |
$1583.45 |
$1580.10 |
|
1/28/2020 |
$1579.60 |
$1574.00 |
|
1/29/2020 |
$1571.20 |
$1573.45 |
|
1/30/2020 |
$1580.40 |
$1578.25 |
|
1/31/2020 |
$1580.85 |
$1584.20 |
|
2/3/2020 |
$1578.85 |
$1574.75 |
|
2/4/2020 |
$1571.20 |
$1558.35 |
|
2/5/2020 |
$1552.20 |
$1553.30 |
|
2/6/2020 |
$1564.75 |
$1563.30 |
|
2/7/2020 |
$1568.30 |
$1572.65 |
|
2/10/2020 |
$1574.05 |
$1573.20 |
|
2/11/2020 |
$1567.70 |
$1570.50 |
|
2/12/2020 |
$1566.75 |
$1563.70 |
|
2/13/2020 |
$1575.00 |
$1575.05 |
|
2/14/2020 |
$1576.35 |
$1581.40 |
|
2/17/2020 |
$1580.30 |
$1580.80 |
|
2/18/2020 |
$1588.20 |
$1589.85 |
|
2/19/2020 |
$1609.50 |
$1604.20 |
|
2/20/2020 |
$1610.35 |
$1619.00 |
|
2/21/2020 |
$1633.70 |
$1643.30 |
|
2/24/2020 |
$1682.35 |
$1671.65 |
|
2/25/2020 |
$1655.90 |
$1650.30 |
|
2/26/2020 |
$1647.95 |
$1634.90 |
|
2/27/2020 |
$1646.60 |
$1652.00 |
|
2/28/2020 |
$1626.35 |
$1609.85 |
|
3/2/2020 |
$1609.70 |
$1599.65 |
|
3/3/2020 |
$1599.05 |
$1615.50 |
|
3/4/2020 |
$1644.80 |
$1641.85 |
|
3/5/2020 |
$1647.45 |
$1659.60 |
|
3/6/2020 |
$1687.00 |
$1683.65 |
|
3/9/2020 |
$1676.60 |
$1672.50 |
|
3/10/2020 |
$1657.40 |
$1655.70 |
|
3/11/2020 |
$1662.50 |
$1653.75 |
|
3/12/2020 |
$1636.65 |
$1570.70 |
|
3/13/2020 |
$1588.15 |
$1562.80 |
|
3/16/2020 |
$1504.65 |
$1487.70 |
|
3/17/2020 |
$1472.35 |
$1536.20 |
|
3/18/2020 |
$1506.00 |
$1498.20 |
|
3/19/2020 |
$1480.70 |
$1474.25 |
|
3/20/2020 |
$1504.45 |
$1494.40 |
|
3/23/2020 |
$1494.50 |
$1525.40 |
|
3/24/2020 |
$1599.50 |
$1605.75 |
|
3/25/2020 |
$1620.95 |
$1605.45 |
|
3/26/2020 |
$1620.10 |
$1634.80 |
|
3/27/2020 |
$1621.20 |
$1617.30 |
|
3/30/2020 |
$1624.45 |
$1618.30 |
|
3/31/2020 |
$1604.65 |
$1608.95 |
|
4/1/2020 |
$1594.25 |
$1576.55 |
|
4/2/2020 |
$1588.05 |
$1616.80 |
|
4/3/2020 |
$1609.75 |
$1613.10 |
|
4/6/2020 |
$1636.60 |
$1648.30 |
|
4/7/2020 |
$1652.20 |
$1649.25 |
|
4/8/2020 |
$1649.05 |
$1647.80 |
|
4/9/2020 |
$1662.50 |
$1680.65 |
|
4/14/2020 |
$1715.85 |
$1741.90 |
|
4/15/2020 |
$1712.25 |
$1718.65 |
|
4/16/2020 |
$1717.85 |
$1729.50 |
|
4/17/2020 |
$1693.15 |
$1692.55 |
|
4/20/2020 |
$1684.95 |
$1686.20 |
|
4/21/2020 |
$1678.60 |
$1682.05 |
|
4/22/2020 |
$1702.65 |
$1710.55 |
|
4/23/2020 |
$1727.55 |
$1736.25 |
|
4/24/2020 |
$1727.25 |
$1715.90 |
|
4/27/2020 |
$1717.25 |
$1714.95 |
|
4/28/2020 |
$1708.10 |
$1691.55 |
|
4/29/2020 |
$1706.00 |
$1703.35 |
|
4/30/2020 |
$1716.75 |
$1702.75 |
|
5/1/2020 |
$1673.05 |
$1686.25 |
|
5/4/2020 |
$1703.70 |
$1709.10 |
|
5/5/2020 |
$1696.30 |
$1699.55 |
|
5/6/2020 |
$1698.90 |
$1691.50 |
|
5/7/2020 |
$1688.65 |
$1704.05 |
|
5/11/2020 |
$1698.80 |
$1702.75 |
|
5/12/2020 |
$1703.45 |
$1702.40 |
|
5/13/2020 |
$1699.85 |
$1708.40 |
|
5/14/2020 |
$1716.40 |
$1731.60 |
|
5/15/2020 |
$1734.85 |
$1735.35 |
|
5/18/2020 |
$1756.90 |
$1734.70 |
|
5/19/2020 |
$1735.25 |
$1737.95 |
|
5/20/2020 |
$1750.05 |
$1748.30 |
|
5/21/2020 |
$1732.80 |
$1724.90 |
|
5/22/2020 |
$1732.45 |
$1733.55 |
|
5/26/2020 |
$1722.75 |
$1720.25 |
|
5/27/2020 |
$1705.15 |
$1694.60 |
|
5/28/2020 |
$1723.30 |
$1717.35 |
|
5/29/2020 |
$1725.65 |
$1728.70 |
|
6/1/2020 |
$1734.80 |
$1730.60 |
|
6/2/2020 |
$1740.25 |
$1742.15 |
|
6/3/2020 |
$1717.60 |
$1705.35 |
|
6/4/2020 |
$1706.45 |
$1700.05 |
|
6/5/2020 |
$1709.55 |
$1683.45 |
|
6/8/2020 |
$1692.00 |
$1690.35 |
|
6/9/2020 |
$1707.50 |
$1713.50 |
|
6/10/2020 |
$1717.65 |
$1722.05 |
|
6/11/2020 |
$1731.90 |
$1738.25 |
|
6/12/2020 |
$1735.85 |
$1733.50 |
|
6/15/2020 |
$1710.40 |
$1710.45 |
|
6/16/2020 |
$1728.35 |
$1719.85 |
|
6/17/2020 |
$1717.30 |
$1724.35 |
|
6/18/2020 |
$1732.65 |
$1719.50 |
|
6/19/2020 |
$1728.55 |
$1734.75 |
|
6/22/2020 |
$1745.45 |
$1761.85 |
|
6/23/2020 |
$1756.60 |
$1768.90 |
|
6/24/2020 |
$1775.70 |
$1766.05 |
|
6/25/2020 |
$1758.55 |
$1756.55 |
|
6/26/2020 |
$1762.10 |
$1747.60 |
|
6/29/2020 |
$1768.80 |
$1771.60 |
|
6/30/2020 |
$1770.70 |
$1768.10 |
|
7/1/2020 |
$1787.40 |
$1771.05 |
|
7/2/2020 |
$1771.85 |
$1777.45 |
|
7/3/2020 |
$1774.65 |
$1772.90 |
|
7/6/2020 |
$1774.40 |
$1787.90 |
|
7/7/2020 |
$1775.50 |
$1789.55 |
|
7/8/2020 |
$1799.35 |
$1811.10 |
|
7/9/2020 |
$1812.45 |
$1812.10 |
|
7/10/2020 |
$1805.75 |
$1803.10 |
|
7/13/2020 |
$1808.05 |
$1807.50 |
|
7/14/2020 |
$1798.20 |
$1801.90 |
|
7/15/2020 |
$1809.30 |
$1804.60 |
|
7/16/2020 |
$1804.60 |
$1807.70 |
|
7/17/2020 |
$1802.90 |
$1807.35 |
|
7/20/2020 |
$1810.30 |
$1815.65 |
|
7/21/2020 |
$1823.20 |
$1842.55 |
|
7/22/2020 |
$1851.00 |
$1852.40 |
|
7/23/2020 |
$1882.35 |
$1878.30 |
|
7/24/2020 |
$1893.85 |
$1902.10 |
|
7/27/2020 |
$1940.55 |
$1936.65 |
|
7/28/2020 |
$1931.65 |
$1940.90 |
|
7/29/2020 |
$1954.35 |
$1950.90 |
|
7/30/2020 |
$1952.20 |
$1957.65 |
|
7/31/2020 |
$1974.70 |
$1964.90 |
|
8/3/2020 |
$1972.95 |
$1958.55 |
|
8/4/2020 |
$1972.25 |
$1977.90 |
|
8/5/2020 |
$2034.45 |
$2048.15 |
|
8/6/2020 |
$2049.15 |
$2067.15 |
|
8/7/2020 |
$2061.50 |
$2031.15 |
|
8/10/2020 |
$2030.30 |
$2044.50 |
|
8/11/2020 |
$1996.60 |
$1939.65 |
|
8/12/2020 |
$1931.70 |
$1931.90 |
|
8/13/2020 |
$1931.00 |
$1944.25 |
|
8/14/2020 |
$1948.30 |
$1944.75 |
|
8/17/2020 |
$1949.85 |
$1972.85 |
|
8/18/2020 |
$2005.15 |
$2008.75 |
|
8/19/2020 |
$1993.15 |
$1981.00 |
|
8/20/2020 |
$1928.05 |
$1927.15 |
|
8/21/2020 |
$1932.85 |
$1924.35 |
|
8/24/2020 |
$1947.55 |
$1943.95 |
|
8/25/2020 |
$1925.45 |
$1911.15 |
|
8/26/2020 |
$1918.50 |
$1932.95 |
|
8/27/2020 |
$1938.80 |
$1923.85 |
|
8/28/2020 |
$1955.85 |
$1957.35 |
|
9/1/2020 |
$1987.95 |
$1972.35 |
|
9/2/2020 |
$1969.00 |
$1947.05 |
|
9/3/2020 |
$1934.10 |
$1940.45 |
|
9/4/2020 |
$1937.60 |
$1926.30 |
|
9/7/2020 |
$1928.40 |
$1928.45 |
|
9/8/2020 |
$1920.60 |
$1910.95 |
|
9/9/2020 |
$1928.40 |
$1947.20 |
|
9/10/2020 |
$1944.80 |
$1966.25 |
|
9/11/2020 |
$1944.50 |
$1947.40 |
|
9/14/2020 |
$1942.30 |
$1958.70 |
|
9/15/2020 |
$1963.55 |
$1949.35 |
|
9/16/2020 |
$1964.80 |
$1961.80 |
|
9/17/2020 |
$1936.10 |
$1936.25 |
|
9/18/2020 |
$1954.75 |
$1950.85 |
|
9/21/2020 |
$1930.90 |
$1909.35 |
|
9/22/2020 |
$1903.10 |
$1906.00 |
|
9/23/2020 |
$1888.10 |
$1873.40 |
|
9/24/2020 |
$1850.75 |
$1861.75 |
|
9/25/2020 |
$1870.05 |
$1859.70 |
|
9/28/2020 |
$1850.95 |
$1864.30 |
|
9/29/2020 |
$1882.40 |
$1883.95 |
|
9/30/2020 |
$1883.40 |
$1886.90 |
|
10/1/2020 |
$1895.55 |
$1902.00 |
|
10/2/2020 |
$1906.40 |
$1903.05 |
|
10/5/2020 |
$1899.65 |
$1909.60 |
|
10/6/2020 |
$1912.50 |
$1913.40 |
|
10/7/2020 |
$1888.00 |
$1884.50 |
|
10/8/2020 |
$1891.35 |
$1887.45 |
|
10/9/2020 |
$1912.40 |
$1923.25 |
|
10/12/2020 |
$1919.80 |
$1925.50 |
|
10/13/2020 |
$1920.80 |
$1891.30 |
|
10/14/2020 |
$1896.45 |
$1910.05 |
|
10/15/2020 |
$1891.70 |
$1891.90 |
|
10/16/2020 |
$1908.20 |
$1905.05 |
|
10/19/2020 |
$1910.00 |
$1905.60 |
|
10/20/2020 |
$1906.35 |
$1898.40 |
|
10/21/2020 |
$1918.95 |
$1924.15 |
|
10/22/2020 |
$1916.85 |
$1900.95 |
|
10/23/2020 |
$1910.60 |
$1903.65 |
|
10/26/2020 |
$1901.60 |
$1898.45 |
|
10/27/2020 |
$1898.90 |
$1905.70 |
|
10/28/2020 |
$1896.85 |
$1869.95 |
|
10/29/2020 |
$1876.85 |
$1870.30 |
|
10/30/2020 |
$1875.80 |
$1881.85 |
|
11/2/2020 |
$1886.75 |
$1889.90 |
|
11/3/2020 |
$1899.85 |
$1908.30 |
|
11/4/2020 |
$1888.55 |
$1900.15 |
|
11/5/2020 |
$1916.80 |
$1938.45 |
|
11/6/2020 |
$1947.95 |
$1940.80 |
|
11/9/2020 |
$1957.45 |
$1867.30 |
|
11/10/2020 |
$1874.90 |
$1878.70 |
|
11/11/2020 |
$1876.20 |
$1860.95 |
|
11/12/2020 |
$1868.00 |
$1874.85 |
|
11/13/2020 |
$1878.20 |
$1890.90 |
|
11/16/2020 |
$1892.60 |
$1885.60 |
|
11/17/2020 |
$1885.40 |
$1889.05 |
|
11/18/2020 |
$1877.20 |
$1876.10 |
|
11/19/2020 |
$1857.40 |
$1857.35 |
|
11/20/2020 |
$1867.00 |
$1875.70 |
|
11/23/2020 |
$1863.80 |
$1840.20 |
|
11/24/2020 |
$1818.10 |
$1799.60 |
|
11/25/2020 |
$1808.55 |
$1810.20 |
|
11/26/2020 |
$1814.85 |
$1807.40 |
|
11/27/2020 |
$1808.05 |
$1779.30 |
|
11/30/2020 |
$1771.95 |
$1762.55 |
|
12/1/2020 |
$1796.20 |
$1810.75 |
|
12/2/2020 |
$1832.95 |
$1822.60 |
|
12/3/2020 |
$1834.80 |
$1832.35 |
|
12/4/2020 |
$1839.30 |
$1843.00 |
|
12/7/2020 |
$1832.80 |
$1859.95 |
|
12/8/2020 |
$1864.50 |
$1868.15 |
|
12/9/2020 |
$1859.80 |
$1841.75 |
|
12/10/2020 |
$1834.20 |
$1844.35 |
|
12/11/2020 |
$1833.65 |
$1842.00 |
|
12/14/2020 |
$1820.25 |
$1831.15 |
|
12/15/2020 |
$1844.30 |
$1850.65 |
|
12/16/2020 |
$1861.35 |
$1851.95 |
|
12/17/2020 |
$1871.95 |
$1890.75 |
|
12/18/2020 |
$1878.95 |
$1879.75 |
|
12/21/2020 |
$1869.25 |
$1880.00 |
|
12/22/2020 |
$1873.30 |
$1877.10 |
|
12/23/2020 |
$1867.10 |
$1875.00 |
|
12/24/2020 |
$1872.55 |
-- |
|
12/29/2020 |
$1873.90 |
$1874.30 |
|
12/30/2020 |
$1877.55 |
$1887.60 |
|
12/31/2020 |
$1891.10 |
-- |
Discover Daily Gold Prices 1968 - 2023
London Bullion Market Association: LBMA Gold Price Auction, expected auction start London time locally around 10:30 AM and 3:00 PM.
Gold fix prices represent composite prices from various trading banks and brokerages in the over-the-counter Gold Bullion markets.
Foreign exchange (forex) prices are the most widely quoted in the precious metals industry.
Worldwide forex gold markets trade continuously 24 hours a day from Sunday 6:00 PM (Eastern Time) to Friday 5:00 PM (Eastern Time).
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