10 Year Gold Charts
The chart on this page is your chronicle of the different ebbs and flows of gold’s price during the past 10 years. We have the book-end prices for every year of trading since 2016 available for your examination.
A decade can make a big difference when it comes to the price of gold. As recently as 2016, gold was available for less than $1,100/oz. Ironically, gold investors in 2016 would have been celebrating their incredible windfalls from the previous decade of trading.
However, we have left those days far behind. Even if you discount the one-of-its-kind performance gold has had during 2025, gold investors would have still enjoyed a gain of more than 2.5 times in value over the period.
No bit of investing is always rosy, though. There have been entire years when gold’s price has ended lower than it began – most recently, in 2021. What’s important with this chart is understanding the highs and lows you’ll experience as a gold investor, and be able to guess where the market may be going in the future based upon the historical record.
| Year | Year Open | Year High | Year Low | Year Close | Annual % Change |
|---|---|---|---|---|---|
| 2024 | $2,063.73 | $2,693.76 | $2,025.82 | $2,624.49 | 27.17% |
| 2023 | $1,829.31 | $2,021.42 | $1,866.73 | $2,062.90 | 12.77% |
| 2022 | $1,804.27 | $1,973.82 | $1,652.85 | $1,823.26 | 1.05% |
| 2021 | $1,941.85 | $1,837.83 | $1,732.44 | $1,829.05 | -5.81% |
| 2020 | $1,518.41 | $1,972.89 | $1,571.10 | $1,898.60 | 25.04% |
| 2019 | $1,281.30 | $1,550.30 | $1,286.80 | $1,517.24 | 18.41% |
| 2018 | $1,306.84 | $1,322.80 | $1,187.20 | $1,282.57 | -1.86% |
| 2017 | $1,150.27 | $1,312.00 | $1,202.40 | $1,302.94 | 13.27% |
| 2016 | $1,078.47 | $1,360.10 | $1,178.20 | $1,152.07 | 6.82% |
| 2015 | $1,188.68 | $1,294.20 | $1,077.50 | $1,061.35 | -10.71% |
How to Use a 10-Year Chart
- Year Open: The opening spot price for gold from January 1 or the first business day of the year.
- Year High: The highest closing price on any given day throughout the year. This amount is not necessarily the highest price overall, as intraday trading may push the price before it recedes due to a quick selloff.
- Year Low: The lowest closing price on any given day. The price may have dipped beneath this amount during open trading, but no day ever finished with a lower spot price.
- Year Close: The closing spot price for gold from December 31 or the last business day of the year.
- Annual Percentage Change: The difference between the Open and the Close in terms of the percentage of change. Open prices higher than the Close lead to negative percentages, while Open prices lower than the Close reveal positive gains over the course of the year.
More: Today’s Gold Price – 5-Year Gold Chart – 20-Year Gold Chart – 30-Year Gold Chart
Key Dates
There are several major dates during the past 10 years that have shaped where the spot price of gold stands today. In general, the period has been a positive one for gold investors, but there have unequivocally been some periods of decline. Here are some of the more notable closing prices between 2015 and 2014
- December 25, 2015 – $1,077.20: This price on Christmas Day was the lowest dip during the entire ten-year period, and represents one of the most optimistic moments for the world economy after emerging from the Great Recession.
- May 29, 2019 – $1,280.60: The gold price drifts slowly upwards during the rest of the 2010s, and is available for less than $1,300/oz as late as mid-2019. However, this price point is the lowest price prior to the onset of the COVID-19 pandemic, which changes the economy and consumer opinion dramatically.
- July 30, 2020 – $1957.08: Only 14 months after boasting a sub-$1300 price per ounce, gold establishes a new all-time high price at $1,957/oz. In other words, fears about the pandemic cause people to buy enough gold to push the price nearly 53% higher, or an average of almost 4% per month.
- October 21, 2022 – $1,656.43: The panic over COVID-19 finally subsides, and some hope returns to the economy. The gold price responds by declining more than $300/oz in only 15 months. However, this price in 2022 is now the lowest price of the 2020s (so far).
- February 20, 2025 – $2,946: As record levels of inflation cause more pain in the wallet for consumers at the grocery store, the price for an ounce of gold skyrockets. Only two years removed from costing investors $1,656 per ounce, gold nearly doubles in value and establishes a new high closing price.
- September 28, 2025 ~$3,800+ (record high): Gold entered uncharted territory on September 29, finally breaching the $3,800/oz barrier to set a new all-time closing high. The rally was less about one single shock and more about a perfect storm: mounting fears of a U.S. government shutdown, aggressive expectations of imminent Fed rate cuts, dollar weakness, ongoing geopolitical flashpoints, and relentless accumulation by institutional and retail buyers.
Other tools: Gold-to-Silver Ratio – Fear and Greed Index
Historical Context of the Last 10 years
- Performance evaluation: Investors can also use 10 years of data to help them judge gold’s performance as a store of wealth and value over time. Although the charts reveal some declines, gold has held its value quite well – even during the swoons in 2015 and 2022.
- Correlation with economic factors: A 10-year gold chart grants the ability to make some assumptions about other economic factors, like inflation and economic stability. It is quite easy to see the times of optimism – the dips in the gold price – flanked by the worries about COVID-19 and inflation.
- Monetary policy impact: Perhaps as a correlating factor to the other economic concerns, the price of gold can reflect the monetary policy at play. Certainly, the massive printing of new fiat currency in the past few years as part of increasing the money supply has had plenty of people looking toward gold.
- Global economic health: Nothing economic happens in a vacuum anymore, and gold prices don’t, either. Again, look only to the shutdowns across the planet during the pandemic and the requisite uptick in gold prices as evidence of the overall health of the global economy.
