Gold monthly returns
Gold has averaged 0.95% per month, positive in 53% of months. Month-by-month returns for Gold (proxied by GLD) below, through October 16, 2026 — the table lists the most recent months; the bar chart plots the last 5 years.
Average month
+1.0%
262 months
Best month
+12.8%
Nov 2009
Worst month
-16.1%
Oct 2008
Positive months
53%
of all months
Gold monthly returns#
| Month | Path | Return |
|---|---|---|
| Oct 2026 | +0.3% | |
| Sep 2026 | -6.8% | |
| Aug 2026 | +9.9% | |
| Jul 2026 | +0.4% | |
| Jun 2026 | -11.3% | |
| May 2026 | -1.5% | |
| Apr 2026 | -1.5% | |
| Mar 2026 | -11.1% | |
| Feb 2026 | +8.7% | |
| Jan 2026 | +12.3% | |
| Dec 2025 | +2.2% | |
| Nov 2025 | +5.4% | |
| Oct 2025 | +3.6% | |
| Sep 2025 | +11.8% | |
| Aug 2025 | +5.0% | |
| Jul 2025 | -0.6% | |
| Jun 2025 | +0.4% | |
| May 2025 | -0.1% | |
| Apr 2025 | +5.4% | |
| Mar 2025 | +9.4% | |
| Feb 2025 | +1.8% | |
| Jan 2025 | +6.8% | |
| Dec 2024 | -1.4% | |
| Nov 2024 | -3.1% | |
| Oct 2024 | +4.3% | |
| Sep 2024 | +5.1% | |
| Aug 2024 | +2.1% | |
| Jul 2024 | +5.4% | |
| Jun 2024 | -0.1% | |
| May 2024 | +1.6% | |
| Apr 2024 | +3.0% | |
| Mar 2024 | +8.7% | |
| Feb 2024 | +0.5% | |
| Jan 2024 | -1.4% | |
| Dec 2023 | +1.3% | |
| Nov 2023 | +2.5% | |
| Oct 2023 | +7.4% | |
| Sep 2023 | -4.8% | |
| Aug 2023 | -1.3% | |
| Jul 2023 | +2.3% | |
| Jun 2023 | -2.2% | |
| May 2023 | -1.3% | |
| Apr 2023 | +0.9% | |
| Mar 2023 | +7.9% | |
| Feb 2023 | -5.4% | |
| Jan 2023 | +5.8% | |
| Dec 2022 | +2.9% | |
| Nov 2022 | +8.5% | |
| Oct 2022 | -1.8% | |
| Sep 2022 | -2.9% | |
| Aug 2022 | -2.9% | |
| Jul 2022 | -2.6% | |
| Jun 2022 | -1.6% | |
| May 2022 | -3.3% | |
| Apr 2022 | -2.1% | |
| Mar 2022 | +1.3% | |
| Feb 2022 | +6.1% | |
| Jan 2022 | -1.7% | |
| Dec 2021 | +3.3% | |
| Nov 2021 | -0.7% | |
| Oct 2021 | +1.5% | |
| Sep 2021 | -3.2% | |
| Aug 2021 | -0.1% | |
| Jul 2021 | +2.5% | |
| Jun 2021 | -7.1% | |
| May 2021 | +7.7% | |
| Apr 2021 | +3.6% | |
| Mar 2021 | -1.1% | |
| Feb 2021 | -6.3% | |
| Jan 2021 | -3.2% | |
| Dec 2020 | +7.0% | |
| Nov 2020 | -5.4% | |
| Oct 2020 | -0.5% | |
| Sep 2020 | -4.2% | |
| Aug 2020 | -0.3% | |
| Jul 2020 | +10.8% | |
| Jun 2020 | +2.7% | |
| May 2020 | +2.6% | |
| Apr 2020 | +7.3% | |
| Mar 2020 | -0.2% | |
| Feb 2020 | -0.6% | |
| Jan 2020 | +4.5% | |
| Dec 2019 | +3.7% | |
| Nov 2019 | -3.2% | |
| Oct 2019 | +2.6% | |
| Sep 2019 | -3.4% | |
| Aug 2019 | +7.9% | |
| Jul 2019 | +0.0% | |
| Jun 2019 | +8.0% | |
| May 2019 | +1.8% | |
| Apr 2019 | -0.7% | |
| Mar 2019 | -1.6% | |
| Feb 2019 | -0.6% | |
| Jan 2019 | +2.9% | |
| Dec 2018 | +4.9% | |
| Nov 2018 | +0.3% | |
| Oct 2018 | +2.1% | |
| Sep 2018 | -0.7% | |
| Aug 2018 | -2.1% | |
| Jul 2018 | -2.2% | |
| Jun 2018 | -3.6% | |
| May 2018 | -1.2% | |
| Apr 2018 | -1.0% | |
| Mar 2018 | +0.6% | |
| Feb 2018 | -2.1% | |
| Jan 2018 | +3.2% | |
| Dec 2017 | +2.1% | |
| Nov 2017 | +0.4% | |
| Oct 2017 | -0.7% | |
| Sep 2017 | -3.4% | |
| Aug 2017 | +4.2% | |
| Jul 2017 | +2.3% | |
| Jun 2017 | -2.2% | |
| May 2017 | -0.1% | |
| Apr 2017 | +1.7% | |
| Mar 2017 | -0.4% | |
| Feb 2017 | +3.2% | |
| Jan 2017 | +5.4% | |
| Dec 2016 | -1.9% | |
| Nov 2016 | -8.4% |
Monthly return (since Nov 2021)#
-10%-5%0%5%10%
Nov 2021-0.69%
Dec 2021+3.3%
Jan 2022-1.7%2022
Feb 2022+6.1%
Mar 2022+1.3%
Apr 2022-2.1%
May 2022-3.3%
Jun 2022-1.6%
Jul 2022-2.6%
Aug 2022-2.9%
Sep 2022-2.9%
Oct 2022-1.8%
Nov 2022+8.5%
Dec 2022+2.9%
Jan 2023+5.8%2023
Feb 2023-5.4%
Mar 2023+7.9%
Apr 2023+0.86%
May 2023-1.3%
Jun 2023-2.2%
Jul 2023+2.3%
Aug 2023-1.3%
Sep 2023-4.8%
Oct 2023+7.4%
Nov 2023+2.5%
Dec 2023+1.3%
Jan 2024-1.4%2024
Feb 2024+0.46%
Mar 2024+8.7%
Apr 2024+3.0%
May 2024+1.6%
Jun 2024-0.13%
Jul 2024+5.4%
Aug 2024+2.1%
Sep 2024+5.1%
Oct 2024+4.3%
Nov 2024-3.1%
Dec 2024-1.4%
Jan 2025+6.8%2025
Feb 2025+1.8%
Mar 2025+9.4%
Apr 2025+5.4%
May 2025-0.06%
Jun 2025+0.41%
Jul 2025-0.61%
Aug 2025+5.0%
Sep 2025+12%
Oct 2025+3.6%
Nov 2025+5.4%
Dec 2025+2.2%
Jan 2026+12%2026
Feb 2026+8.7%
Mar 2026-11%
Apr 2026-1.5%
May 2026-1.5%
Jun 2026-11%
Jul 2026+0.42%
Aug 2026+9.9%
Sep 2026-6.8%
Oct 2026+0.31%
Gold returns by calendar month#
Every month of every year since 2005, one tick per year on a shared scale; the dark bar is the month's average. Price returns.
October 2026 so far: +0.31% — 13th of 22 Octobers since 2005 at the last close; the average October returned +0.8%.
| Month | −20%0+20% | Average | Median | Up | Best | Worst |
|---|---|---|---|---|---|---|
| Jan | +3.7% | +4.0% | 68% | +12.3% 2026 | -6.4% 2011 | |
| Feb | +1.3% | +1.6% | 59% | +10.9% 2016 | -6.3% 2021 | |
| Mar | +0.0% | -0.6% | 36% | +9.4% 2025 | -11.1% 2026 | |
| Apr | +1.7% | +1.1% | 59% | +12.0% 2006 | -7.6% 2013 | |
| May | -0.5% | -1.3% | 36% | +10.2% 2009 | -6.3% 2012 | |
| Jun | -0.7% | -1.5% | 41% | +9.0% 2016 | -11.3% 2026 | |
| Jul | +1.2% | +1.4% | 64% | +10.8% 2020 | -6.6% 2015 | |
| Aug | +2.0% | +1.2% | 64% | +12.3% 2011 | -9.3% 2008 | |
| Sep | -0.1% | -2.3% | 41% | +11.8% 2025 | -11.1% 2011 | |
| Oct | +0.8% | +1.5% | 57% | +7.4% 2023 | -16.1% 2008 | |
| Nov | +1.1% | +0.3% | 52% | +12.8% 2009 | -8.4% 2016 | |
| Dec | +1.0% | +2.1% | 62% | +7.7% 2008 | -10.7% 2011 |
Methodology#
Gold pays no dividends, so monthly returns are simple price changes computed from GLD's month-end closes (in USD). The table shows the most recent 120 months and the bar chart the most recent 60. See the year-by-year returns for the annual view. Past performance does not predict future returns; not investment advice.
FAQ#
- What is Gold's average monthly return?
- Gold (proxied by GLD) has averaged about 0.95% per month, positive in roughly 53% of months. The best month was Nov 2009 (+12.8%) and the worst was Oct 2008 (-16.1%).
More on Gold
By month for: S&P 500 · S&P 500 Equal Weight · US Stock Market · Nasdaq-100Tracked by GLD, IAU