GoldPrice ConverterLoading live prices…
Gold rose about 23% in 2009, closing above $1,000 for the first time as the world recovered from the financial crisis amid huge stimulus.
Monthly path for 2009, anchored to the real open ($ 875.00), the high in December, the low in January, and the close ($ 1,096.00). The dashed line marks the yearly average; intra-year movement between anchor points is illustrative.
Year-over-year, gold rose +25.98% versus its 2008 close of $ 870.00.
The December high came as gold settled above $1,000 on the back of massive post-crisis stimulus.
Gold’s low came in January, before the recovery rally took hold.
2009 was the year gold entered four figures for good. As the world clawed out of the financial crisis, central banks flooded the system with stimulus and the Federal Reserve’s first round of quantitative easing weighed on the dollar — a perfect environment for gold.
After starting the year around $875, gold marched steadily higher, decisively closing above $1,000 in the autumn and reaching about $1,218 in December before finishing near $1,096, up roughly 23%. The psychological barrier of $1,000, once a ceiling, had become a floor.
Massive monetary and fiscal stimulus followed the 2008 financial crisis.
The Federal Reserve’s first round of quantitative easing (QE1) weakened the dollar.
Gold closed above $1,000 for the first time in the autumn.
It reached a year-end high near $1,218 in December.
Gold closed above $1,000 per troy ounce on a sustained basis in the autumn of 2009.
Enormous post-crisis stimulus, the Federal Reserve’s quantitative easing, and a weakening dollar drove gold up about 23%.
Gold's 2009 high was about $ 1,218.00 per troy ounce, reached in December.
The average gold price in 2009 was roughly $ 972.00 per troy ounce — it opened near $ 875.00 and closed around $ 1,096.00.
Gold rose about 23.4% over 2009, between a low of $ 810.00 and a high of $ 1,218.00.
Historical figures are approximate annual values shown for educational analysis and may differ from other sources. This is not financial advice — see our disclaimer.