Gold after China doubles reported gold reserves (24 Apr 2009)
After China doubles reported gold reserves on 24 Apr 2009, gold was 1.1% higher three months on and 24.4% higher twelve months on, measured from the Mar 2009 monthly average of $924 a troy ounce.
- Gold before
- $924
- Mar 2009
- Gold +3 months
- +1.1%
- Gold +12 months
- +24.4%
- Silver +12 months
- +38.2%
In context
The PBoC revealed holdings of 1,054 t, up from 600 t — the start of the central-bank buying era.
Over the same months silver was 2.3% higher three months on and 38.2% higher twelve months on.
Of the 29 market or central-bank moments on the chart with a full year after them, this ranks 8th for gold twelve months on.
The market or central-bank moment before it on the chart: Lehman collapses (15 Sep 2008).
The one after: Central banks turn net buyers (1 Jan 2010).
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: gold.org.
Updated Oct 2026 · record through Oct 2026