Gold price in 1999

Gold's full-year performance in US dollars per troy ounce, with the annual average, highest and lowest monthly averages, final reported month and month-by-month changes.

12 monthly averages · January 1999 to December 1999 · USD per troy ounce

Annual return
−3.08%
Annual average
$278.75
12 monthly averages
Lowest month
$256.00
July 1999
Highest month
$311.00
October 1999
December average
$283.00
December 1999
Range
+21.48%
lowest to highest month

What happened to gold in 1999

Gold fell 3.08% to $283.00 per troy ounce on a monthly-average basis. The year's monthly averages averaged $278.75, with the lowest at $256.00 in July 1999 and the highest at $311.00 in October 1999. October was the strongest month at +17.36%, while November was the weakest at −5.79%.

Gold price chart for 1999

Gold price in 1999 in US dollars per troy ounce
1999 Range $256.00–$311.00 1999

World Bank monthly averages in USD per troy ounce; no missing month is interpolated.

Gold price by month in 1999

Monthly change compares each monthly average with the preceding month's average. These values smooth daily movement and are not month-end closes or intraday highs and lows.

Month Monthly average Change
January $287.00 −1.71%
February $287.00 0.00%
March $286.00 −0.35%
April $283.00 −1.05%
May $276.00 −2.47%
June $261.00 −5.43%
July $256.00 −1.92%
August $257.00 +0.39%
September $265.00 +3.11%
October $311.00 +17.36%
November $293.00 −5.79%
December $283.00 −3.41%
Source and definition

These are monthly values from the World Bank Commodity Price Data under CC BY 4.0. Gold is defined as the spot average of daily rates from June 2025; earlier values are averages of the London afternoon fixing. See the history methodology.

Past returns do not predict future performance and exclude transaction costs, storage, tax and currency effects outside USD. See the risk disclaimer.