World Bank Pink Sheet · monthly averages

Gold price over 10 years

Gold’s monthly average was US$1,267 in 2016-10, compared with US$4,319 in 2026-09. These are nominal USD monthly averages, not daily closing or live trading prices.

Source snapshot: 2026-10-02 · Coverage: 2016-10–2026-09

Historical gold price chart

Gold price over 10 years: monthly average USD per troy ounce line chart
Monthly averages. Source: World Bank Commodity Price Data, retrieved 12 October 2026.

What the history does and does not show

The chart follows one consistent source and unit. Monthly averaging smooths the price path: an event that produces a brief intraday spike may leave little trace, and the month’s highest and lowest transaction prices cannot be reconstructed from its average. Use the table to compare periods, not to claim that a buyer could have traded at an exact value on a particular day.

A US dollar chart also differs from a euro or sterling chart. Exchange-rate movements can raise a local-currency gold price even when the dollar reference is unchanged. These history pages deliberately keep the original USD series rather than converting decades of observations using today’s exchange rate, which would create misleading historical local prices. Current converted quotes belong on the live prices pages.

Ten years is a fixed, dated comparison

This snapshot starts in October 2016 and ends in September 2026, the latest complete month available in the imported source. It is a ten-year monthly window, not a chart that silently shifts with the date in your browser. Later observations require a new verified source import. The first and last points describe those months’ averages, not an actual investment bought at the first point and sold at the last.

Nominal changes do not account for inflation, custody, insurance, product premiums, bid–ask spreads or taxes. A physical coin bought above spot and sold below spot can produce a different outcome from the reference chart. Historical appreciation cannot establish what happens next. For the drivers behind market moves, read why gold prices change.

Source and reuse

The data comes from the World Bank’s historical monthly workbook, Gold column on the Monthly Prices sheet. The source lists nominal US dollars per troy ounce. We retain the observation month, exclude non-numeric or non-positive values and display rounded amounts. This is an attributed extract, not a live mirror of the workbook or an LBMA historical data redistribution.

World Bank datasets are generally available under its dataset terms, with attribution and any applicable third-party notices. Check those terms if you reuse the source. MetalflowAPI remains the source of the live quotes and widget daily mini-charts on this website; those figures must not be confused with this monthly series.

Monthly observations: USD per troy ounce

MonthMonthly average
2016-10US$1,267
2016-11US$1,238
2016-12US$1,157
2017-01US$1,192
2017-02US$1,234
2017-03US$1,231
2017-04US$1,267
2017-05US$1,246
2017-06US$1,260
2017-07US$1,237
2017-08US$1,283
2017-09US$1,314
2017-10US$1,280
2017-11US$1,282
2017-12US$1,264
2018-01US$1,331
2018-02US$1,331
2018-03US$1,325
2018-04US$1,335
2018-05US$1,303
2018-06US$1,282
2018-07US$1,238
2018-08US$1,202
2018-09US$1,198
2018-10US$1,215
2018-11US$1,221
2018-12US$1,250
2019-01US$1,292
2019-02US$1,320
2019-03US$1,301
2019-04US$1,286
2019-05US$1,284
2019-06US$1,359
2019-07US$1,413
2019-08US$1,500
2019-09US$1,511
2019-10US$1,495
2019-11US$1,471
2019-12US$1,479
2020-01US$1,561
2020-02US$1,597
2020-03US$1,592
2020-04US$1,683
2020-05US$1,716
2020-06US$1,732
2020-07US$1,847
2020-08US$1,969
2020-09US$1,922
2020-10US$1,900
2020-11US$1,866
2020-12US$1,858
2021-01US$1,867
2021-02US$1,808
2021-03US$1,718
2021-04US$1,760
2021-05US$1,850
2021-06US$1,835
2021-07US$1,808
2021-08US$1,785
2021-09US$1,775
2021-10US$1,777
2021-11US$1,822
2021-12US$1,790
2022-01US$1,816
2022-02US$1,856
2022-03US$1,948
2022-04US$1,937
2022-05US$1,849
2022-06US$1,837
2022-07US$1,733
2022-08US$1,765
2022-09US$1,681
2022-10US$1,664
2022-11US$1,725
2022-12US$1,798
2023-01US$1,898
2023-02US$1,855
2023-03US$1,913
2023-04US$2,000
2023-05US$1,992
2023-06US$1,943
2023-07US$1,951
2023-08US$1,919
2023-09US$1,916
2023-10US$1,916
2023-11US$1,984
2023-12US$2,026
2024-01US$2,034
2024-02US$2,023
2024-03US$2,158
2024-04US$2,331
2024-05US$2,351
2024-06US$2,326
2024-07US$2,398
2024-08US$2,470
2024-09US$2,571
2024-10US$2,690
2024-11US$2,651
2024-12US$2,648
2025-01US$2,710
2025-02US$2,895
2025-03US$2,983
2025-04US$3,218
2025-05US$3,309
2025-06US$3,353
2025-07US$3,340
2025-08US$3,368
2025-09US$3,668
2025-10US$4,058
2025-11US$4,087
2025-12US$4,309
2026-01US$4,753
2026-02US$5,020
2026-03US$4,856
2026-04US$4,721
2026-05US$4,587
2026-06US$4,228
2026-07US$4,073
2026-08US$4,411
2026-09US$4,319

See gold prices in 2025 · Current USD gold price · Embed a live gold price widget

Frequently asked questions

Are these daily gold prices?
No. Each observation is a monthly average in nominal US dollars per troy ounce from the World Bank Pink Sheet. It is not a daily close, intraday high or current dealer quote.
Which ten years are covered?
This fixed window contains October 2016 through September 2026, the latest complete month in the source snapshot dated 2 October 2026.
Can I use a monthly average to value a sale on one date?
A monthly average is useful context, not a transaction price. For a sale, use the buyer’s dated offer and a current quote in the same currency, weight unit and purity.
Are these prices adjusted for inflation?
No. They are nominal US dollar prices. Changes do not directly measure inflation-adjusted purchasing power or the return after trading costs.
How do I compare this with jewellery prices?
Divide the ounce price by 31.1034768 and multiply by fineness and gold-only weight. Retail jewellery also contains labour, stones and a seller’s margin, which are not included here.