Gold after Swiss franc unpegged (15 Jan 2015)
After Swiss franc unpegged on 15 Jan 2015, gold was 0.2% lower three months on and 8.6% lower twelve months on, measured from the Dec 2014 monthly average of $1,201 a troy ounce.
- Gold before
- $1,201
- Dec 2014
- Gold +3 months
- -0.2%
- Gold +12 months
- -8.6%
- Silver +12 months
- -13.5%
In context
The SNB abandoned the 1.20 franc-per-euro cap; the franc jumped about 20% in minutes.
Over the same months silver was 0.0% higher three months on and 13.5% lower twelve months on.
Of the 29 market or central-bank moments on the chart with a full year after them, this ranks 25th for gold twelve months on.
The U.S. military operation before it on the chart: ISIS (8 Aug 2014).
The one after: Bank of Japan goes negative (29 Jan 2016).
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: en.wikipedia.org.
Updated Oct 2026 · record through Oct 2026