GoldPrice ConverterLoading live prices…
Gold fell about 10% in 2015 to a multi-year low near $1,050 as the Fed prepared its first rate hike since 2006 and the dollar surged.
Monthly path for 2015, anchored to the real open ($ 1,184.00), the high in January, the low in December, and the close ($ 1,060.00). The dashed line marks the yearly average; intra-year movement between anchor points is illustrative.
Year-over-year, gold fell -10.47% versus its 2014 close of $ 1,184.00.
Gold’s high came in January, before a year-long slide driven by a strong dollar and looming rate hikes.
The December low — a multi-year bottom — came as the Fed delivered its first rate hike since 2006.
2015 was a painful year for gold and the low point of its long post-2011 bear market. With the US economy strengthening and the Federal Reserve openly preparing to raise interest rates for the first time in nearly a decade, the dollar surged and gold steadily lost ground.
The selling climaxed in December, when gold touched a multi-year low near $1,050 just as the Fed finally hiked. It closed the year around $1,060, down roughly 10%. Few realised at the time that this was the bottom — gold would not trade that low again.
The Federal Reserve delivered its first interest-rate hike since 2006 in December.
A strong US dollar pressured gold throughout the year.
Gold sank to a multi-year low near $1,050 in December.
Subdued inflation gave investors little reason to hold gold.
Gold fell to a multi-year low of roughly $1,050 per troy ounce in December 2015, around the time of the Federal Reserve’s first rate hike since 2006.
A strengthening US dollar, the approach of the Fed’s first rate hike in nearly a decade, and subdued inflation pushed gold down about 10%.
Gold's 2015 high was about $ 1,296.00 per troy ounce, reached in January.
The average gold price in 2015 was roughly $ 1,160.00 per troy ounce — it opened near $ 1,184.00 and closed around $ 1,060.00.
Gold fell about 10.4% over 2015, between a low of $ 1,049.00 and a high of $ 1,296.00.
Historical figures are approximate annual values shown for educational analysis and may differ from other sources. This is not financial advice — see our disclaimer.