Gold after ISIS (8 Aug 2014)
After ISIS on 8 Aug 2014, gold was 10.4% lower three months on and 14.7% lower twelve months on, measured from the Jul 2014 monthly average of $1,311 a troy ounce.
- Gold before
- $1,311
- Jul 2014
- Gold +3 months
- -10.4%
- Gold +12 months
- -14.7%
- Silver +12 months
- -28.7%
In context
U.S. strikes against ISIS in Iraq began.
Over the same months silver was 23.4% lower three months on and 28.7% lower twelve months on.
Of the 11 U.S. military operations on the chart with a full year after them, this ranks 10th for gold twelve months on.
The market or central-bank moment before it on the chart: Gold’s 2013 crash (12 Apr 2013).
The one after: Swiss franc unpegged (15 Jan 2015).
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: media.defense.gov.
Updated Oct 2026 · record through Oct 2026