Price of Gold in 2011

Due to uncertainty around an uneven recovery and volatility in U.S. financial markets, gold prices increased by 50.6% from September 2010 to September 2011, with gold reaching an all-time high of $1,917.90 per ounce.

If you want to view how gold values were at any point in the year, check out the following charts to view the Gold Prices for 2011.

Gold Prices 2011 Chart

What Impacted Gold Prices in 2011?

2011 was another remarkable year for global gold demand, with investment demand exhibiting robust growth and the jewelry and technology industries demonstrating resilience.

An increase in mine production to a record annual level was offset by a little fall in recycling and significant net purchases by central banks. Demand amounted to 4,067.1 tonnes – an estimated $205.5bn annually.

Demand for gold bars and coins accelerated because of concern over the financial health and future viability of the euro area, high inflation in some countries, positive price expectations, and the relatively poor performance of various alternative investments.

Daily Gold Prices (Chart)

To find the daily prices for Gold in this year, use the date filters in the chart above.

The information provided here is for educational purposes only and should not be used for speculation and investment purposes. CanAm does not guarantee that the prices shown here are correct, up-to-date, or complete, and we are not responsible for inaccuracies or omissions in this price data.

How to Invest in Gold

It’s possible to put your money into Gold in several different ways. A Gold-backed ETF is one option – these funds are more liquid since they are traded on the market. Both long (betting that the price of Gold will rise) and short (betting that the price of Gold will fall) trades can be made using gold futures contracts. 

Alternatively, you might purchase shares in a gold mining firm or prefer to hold something in your hand – in which case gold bars, coins and rounds are the best options. 

Gold bullion is a secure investment that lets you see where your money has gone. You can find a range of gold investment options on our website from the world’s most reputable producers and mints. All our Gold is guaranteed to be at least 99.9% pure.

Buy Gold Online with CanAm

CanAm may help you diversify your holdings in the precious metals market by providing you with pure Gold bars and Gold bullion.

Our prices are fair and reliable, and our in-house support team is dedicated to answering your questions and resolving any problems you may have as promptly as possible. To contact us with any queries or comments, please write an email or give us a call. View our online store to shop for gold bars, coins and rounds today.