Gold after Kosovo (24 Mar 1999)
After Kosovo on 24 Mar 1999, gold was 9.1% lower three months on and 0.3% lower twelve months on, measured from the Feb 1999 monthly average of $287 a troy ounce.
- Gold before
- $287
- Feb 1999
- Gold +3 months
- -9.1%
- Gold +12 months
- -0.3%
- Silver +12 months
- -7.3%
In context
NATO Operation Allied Force began; U.S. forces participated.
Over the same months silver was 9.1% lower three months on and 7.3% lower twelve months on.
Of the 11 U.S. military operations on the chart with a full year after them, this ranks 6th for gold twelve months on.
The market or central-bank moment before it on the chart: LTCM rescue (23 Sep 1998).
The one after: Brown’s Bottom (7 May 1999).
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