Gold Price in 2019

MONTHLY AVERAGES, US DOLLARS PER TROY OUNCE.


$1,393 average per troy oz in 2019

The highest month of 2019 was September at $1,511. The lowest was May at $1,284. The 2019 average was +9.72% compared with the 2018 average ($1,269). From January to December the monthly average moved +14.47%. That makes 2019 the number 10 year for gold on record in this data (1960 to 2025), by average price.

Average$1,393
Highest month$1,511
Lowest month$1,284
Per gram, average$44.77
By month

Gold price by month, 2019

MonthAverage per ozChange from prior month
January $1,292 +3.36%
February $1,320 +2.17%
March $1,301 −1.44%
April $1,286 −1.15%
May (low) $1,284 −0.16%
June $1,359 +5.84%
July $1,413 +3.97%
August $1,500 +6.16%
September (high) $1,511 +0.73%
October $1,495 −1.06%
November $1,471 −1.61%
December $1,479 +0.54%

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

2019 price in 2025 dollars

A $1,393 average in 2019 equals about $1,754 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

2018 2020   Gold price by year, 1960 to 2025

Questions

Quick answers

What was the price of gold in 2019?

The monthly average gold price in 2019 was $1,393 per troy ounce (the mean of the 12 monthly averages). The highest month was September at $1,511. The lowest was May at $1,284.

What was the gold price per gram in 2019?

$44.77 per gram on average in 2019, which is the ounce price divided by 31.1035.

What is the 2019 gold price in today's dollars?

Using the U.S. consumer price index (CPI-U), an average 2019 price of $1,393 equals about $1,754 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.