Gold Price in October 1999
Gold price in October 1999: high $311, low $311, average $311, close $311. 1 LBMA fixings, daily breakdown, macro context.
- Updated
- Real-time LBMA & ECN data
- AI-curated from 50+ feeds
Gold in October 1999 traded between $311 and $311 per troy ounce, averaging $311 across 1 LBMA fixings. The month closed at $311, a 0.0% move from the opening $311. Source: LBMA AM/PM benchmark via Swissquote ECN.
$311Key Facts
- Period
- October 1999
- Monthly high
- $311
- Monthly low
- $311
- Monthly average
- $311
- Close
- $311
- Data points
- 1 LBMA fixings
What this means
Gold spent October 1999 in a $0 range — high $311, low $311 — averaging $311 across 1 LBMA fixings. The month-to-month move from open $311 to close $311 was 0.00%, reflecting the macro environment during this specific period.
Gold prices within a month are driven by scheduled macro events (central bank meetings, CPI releases, non-farm payrolls) and unscheduled events (geopolitical shocks, bank failures). Monthly analysis reveals which events were already priced in and which produced genuine surprises.
Goldetect's October 1999 record pairs the LBMA daily benchmark with macro headlines classified in real time by Gemini AI. Use the year overview (1999) for the full-cycle picture, or the central bank cluster to trace the policy decisions that drove each move.
Daily LBMA data. The LBMA publishes AM (10:30 GMT) and PM (15:00 GMT) fixes every London business day. Monthly high = highest PM fix in October 1999; monthly low = lowest PM fix. Monthly average = arithmetic mean of all PM fixes in the month.
Intra-month volatility. Gold's average true range (ATR) is $15–40/oz in normal markets, $50–100+/oz during major macro events. A one-month window in October 1999 typically contains 2–5 significant price moves worth cataloguing.
Context within the year. Monthly data is most useful read against the annual trend. A month where gold fell 3% looks different if the annual trend is +20% (profit-taking) versus −10% (continuation). The annual page for 1999 provides this broader context.
Frequently Asked Questions
What was the gold price in October 1999?
Gold in October 1999 is tracked via daily LBMA AM/PM fixes (XAU/USD per troy ounce). Goldetect aggregates the monthly high, low, and average from the official benchmark series and contextualizes each major move with macro headlines from the same period.What events moved gold in October 1999?
Major monthly drivers include Fed decisions, US CPI/PCE releases, non-farm payrolls, geopolitical events, and central bank purchase announcements. The detail section and related 1999 pages cover the specific catalysts that produced the largest single-day and weekly moves.How does October 1999 compare to other months?
October has a seasonal pattern: stronger in Q1 (Chinese New Year) and Q4 (Diwali, Christmas), weaker in the northern summer. October 1999 can be benchmarked against the same month in prior years to isolate seasonal effects from fundamental price drivers.Where can I find historical gold price data?
The LBMA publishes historical AM and PM benchmark data from 1968. FRED (stlouisfed.org, series GOLDAMGBD228NLBM) covers 1968+. For 1945–1967, the Bretton Woods fixed price of $35/oz applies. Goldetect's historical pages aggregate this data in a user-friendly format.