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Price history · December 2024

Gold price in December 2024

Gold fell 1.6% in December 2024, closing at $2,609.10 on December 30, 2024. The month's high was $2,705.45 on Dec 11 and its low $2,592.45 on Dec 19; the average price was $2,644.07, down 0.2% on November's. That left gold up 25.5% for 2024.

Data retrieved 2026-11-03 LBMA Gold Price PM (daily benchmark), 18 trading days Methodology

Gold opened December 2024 at $2,642.15 and closed at $2,609.10; high $2,705.45 on December 11, 2024, low $2,592.45 on December 19, 2024.

Gold, US dollars per troy ounce, each trading day of December 2024. LBMA Gold Price PM (daily benchmark), 18 trading days. Dashed line: the previous month's average.

Gold day by day in December 2024

Each trading day's change against the previous trading day's price. Dec 2 is compared with Nov 29, the last price of November 2024.

Day Change Size of the move
Mon Dec 2 −0.34%
Tue Dec 3 −0.06%
Wed Dec 4 +0.30%
Thu Dec 5 −0.32%
Fri Dec 6 −0.11%
Mon Dec 9 +1.31%
Tue Dec 10 +0.66%
Wed Dec 11 +0.59%
Thu Dec 12 −0.78%
Fri Dec 13 −0.94%
Mon Dec 16 −0.18%
Tue Dec 17 −0.67%
Wed Dec 18 −0.03%
Thu Dec 19 −1.64%
Fri Dec 20 +0.93%
Mon Dec 23 −0.10%
Fri Dec 27 +0.08%
Mon Dec 30 −0.26%
  • Days up6of 18 trading days
  • Days down12of 18 trading days
  • Largest rise+1.31%Dec 9
  • Largest fall−1.64%Dec 19
  • Typical daily move0.33%median size of a day's move, up or down

LBMA Gold Price PM (daily benchmark), 18 trading days. Moves are worked out from the daily prices; the daily LBMA prices themselves are not listed (see sources below). Past moves, not a forecast.

What moved gold in December 2024

A quieter month that ended 1.6% lower. The Federal Reserve cut rates on December 18 but signalled fewer cuts for 2025; the next day gold fell 1.6% to the month's low. Even so, the year closed about 25% above where it started.

Largest one-day rise: +1.3% on Dec 9. Largest one-day fall: −1.6% on Dec 19.

What is moving gold now: today's market news.

Written by the Bullion Trading LLC editorial team from the price data and widely reported market events. Past moves, not a forecast.

December 2024 compared

MonthAverageHighLowCloseChange
December 2024 $2,644.07 $2,705.45 $2,592.45 $2,609.10 −1.6%
November 2024 $2,650.68 $2,744.30 $2,567.30 $2,651.05 −3.0%
December 2023 $2,029.29 $2,078.40 $1,980.85 $2,078.40 +2.1%

Gold's December 2024 average was 30.3% above its December 2023 average. The highest daily price of 2024 was $2,777.80 on October 30, 2024.

US dollars per troy ounce. Change = the month's last price against the previous month's last price.

Gold month by month

Gold price in 2024 →

Silver price in December 2024 →

For today's gold price, see the live spot price page and today's market news, or shop gold bullion at Bullion Trading LLC. Buying? See premiums over spot and current deals. Selling? See what we pay today.

Sources: LBMA precious metal prices through 2026-09-28 (shown as charts, summaries and daily percentage moves only; we don't publish daily LBMA price tables); Bullion Trading LLC weekday spot closes afterward. Latest observation for this metal: 2026-11-03; the current month is provisional. Prepared by the Bullion Trading LLC editorial team.