Price history · October 2024
Gold price in October 2024
Gold rose 4.0% in October 2024, closing at $2,734.15 on October 31, 2024. The month's high was $2,777.80 on Oct 30 and its low $2,610.70 on Oct 9; the average price was $2,690.08, up 4.8% on September's. That left gold up 31.6% for 2024 so far.
- Close$2,734.15Oct 31 · +4.0% on the month
- Open$2,667.55Oct 1
- High$2,777.80Oct 30
- Low$2,610.70Oct 9
- Average$2,690.08+4.8% vs Sep average
- 2024 so far+31.6%since Dec 28, 2023
Gold opened October 2024 at $2,667.55 and closed at $2,734.15; high $2,777.80 on October 30, 2024, low $2,610.70 on October 9, 2024.
Gold day by day in October 2024
Each trading day's change against the previous trading day's price. Oct 1 is compared with Sep 30, the last price of September 2024.
| Day | Change | Size of the move |
|---|---|---|
| Tue Oct 1 | +1.43% | |
| Wed Oct 2 | −0.25% | |
| Thu Oct 3 | −0.50% | |
| Fri Oct 4 | +0.09% | |
| Mon Oct 7 | −0.34% | |
| Tue Oct 8 | −0.04% | |
| Wed Oct 9 | −1.11% | |
| Thu Oct 10 | +0.70% | |
| Fri Oct 11 | +0.76% | |
| Mon Oct 14 | +0.23% | |
| Tue Oct 15 | −0.22% | |
| Wed Oct 16 | +0.99% | |
| Thu Oct 17 | +0.51% | |
| Fri Oct 18 | +0.88% | |
| Mon Oct 21 | +0.88% | |
| Tue Oct 22 | 0.00% | |
| Wed Oct 23 | 0.00% | |
| Thu Oct 24 | −0.16% | |
| Fri Oct 25 | −0.02% | |
| Mon Oct 28 | +0.38% | |
| Tue Oct 29 | +1.00% | |
| Wed Oct 30 | +0.31% | |
| Thu Oct 31 | −1.57% |
- Days up12of 23 trading days
- Days down9of 23 trading days (2 unchanged)
- Largest rise+1.43%Oct 1
- Largest fall−1.57%Oct 31
- Typical daily move0.38%median size of a day's move, up or down
LBMA Gold Price PM (daily benchmark), 23 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 October 2024
Gold set a string of record highs in the second half of October as buyers positioned for the November 5 US presidential election and for more Federal Reserve rate cuts after September's first cut. The LBMA price reached a new record on October 30, then fell 1.6% on the last day of the month.
Largest one-day rise: +1.4% on Oct 1. Largest one-day fall: −1.6% on Oct 31.
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.
October 2024 compared
| Month | Average | High | Low | Close | Change |
|---|---|---|---|---|---|
| October 2024 | $2,690.08 | $2,777.80 | $2,610.70 | $2,734.15 | +4.0% |
| September 2024 | $2,567.12 | $2,663.75 | $2,479.80 | $2,629.95 | +4.6% |
| October 2023 | $1,913.04 | $1,997.60 | $1,818.95 | $1,996.90 | +6.8% |
Gold's October 2024 average was 40.6% above its October 2023 average. October's high was the highest daily price of 2024 up to that point.
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 →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.