Gold Price in 2018

MONTHLY AVERAGES, US DOLLARS PER TROY OUNCE.


$1,269 average per troy oz in 2018

The highest month of 2018 was April at $1,335. The lowest was September at $1,198. The 2018 average was +0.93% compared with the 2017 average ($1,258). From January to December the monthly average moved −6.09%.

Average$1,269
Highest month$1,335
Lowest month$1,198
Per gram, average$40.81
By month

Gold price by month, 2018

MonthAverage per ozChange from prior month
January $1,331 +5.30%
February $1,331 0.00%
March $1,325 −0.45%
April (high) $1,335 +0.75%
May $1,303 −2.40%
June $1,282 −1.61%
July $1,238 −3.43%
August $1,202 −2.91%
September (low) $1,198 −0.33%
October $1,215 +1.42%
November $1,221 +0.49%
December $1,250 +2.38%

Each figure is the average of the daily prices in that month, so the high and low are the highest and lowest monthly averages, not the highest and lowest price on a single day.

Inflation context

2018 price in 2025 dollars

A $1,269 average in 2018 equals about $1,627 in 2025 dollars, using the consumer price index (CPI-U). For comparison, the gold price today is shown on the live gold price page.

Inflation data: U.S. Bureau of Labor Statistics, CPI-U all items, U.S. city average (series CUUR0000SA0), annual average, from the U.S. Bureau of Labor Statistics. The adjustment reflects general consumer prices only.

Other years

Gold price in other years

2017 2019   Gold price by year, 1960 to 2025

Questions

Quick answers

What was the price of gold in 2018?

The monthly average gold price in 2018 was $1,269 per troy ounce (the mean of the 12 monthly averages). The highest month was April at $1,335. The lowest was September at $1,198.

What was the gold price per gram in 2018?

$40.81 per gram on average in 2018, which is the ounce price divided by 31.1035.

What is the 2018 gold price in today's dollars?

Using the U.S. consumer price index (CPI-U), an average 2018 price of $1,269 equals about $1,627 in 2025 dollars. This only adjusts for general consumer prices. It says nothing about what gold was worth to a buyer at the time.

Where does this data come from?

Monthly averages are from the World Bank Commodity Price Data (the Pink Sheet), published under CC BY 4.0. Prices are monthly averages, not daily highs and lows, and the World Bank publishes them rounded.

Source: The World Bank, Commodity Price Data (The Pink Sheet), October 2026 release, CC BY 4.0. worldbank.org. Historical prices are for information, not a quote.