Gold Chart 2011
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The gold price chart for 2011 shows that gold was declining in the first month of the year. It reached a yearly low of $1,318.40 on January 27. Then it was gaining for three months, before a flat correction which took place in May-June along the level of $1,500. The long-term uptrend accelerated in July-August leading the price of gold to its all-time high at the level of $1,900.40. Gold declined in September-December, retracing most of its July-August rally. Overall, gold gained $143.40 (10.09%) in 2011. The final close of the year was $1,564.80.
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