Gold after Afghanistan (7 Oct 2001)
After Afghanistan on 7 Oct 2001, gold was 0.4% lower three months on and 12.0% higher twelve months on, measured from the Sep 2001 monthly average of $283 a troy ounce.
- Gold before
- $283
- Sep 2001
- Gold +3 months
- -0.4%
- Gold +12 months
- +12.0%
- Silver +12 months
- +0.0%
In context
U.S. operations against al-Qaida and the Taliban began.
Over the same months silver was 2.3% higher three months on and 0.0% higher twelve months on.
Of the 11 U.S. military operations on the chart with a full year after them, this ranks 5th for gold twelve months on.
The geopolitical or monetary shock before it on the chart: 9/11 (11 Sep 2001).
The one after: Iraq (19 Mar 2003).
Monthly average prices in U.S. dollars per troy ounce (Kitco.com and the World Bank Pink Sheet), from the last full month before a period to its last full month; the record runs Feb 1971 to Oct 2026. What the record did, not a forecast. Source: defense.gov.
Updated Oct 2026 · record through Oct 2026