Gold after Washington Agreement on Gold (26 Sep 1999)
After Washington Agreement on Gold on 26 Sep 1999, gold was 10.1% higher three months on and 6.6% higher twelve months on, measured from the Aug 1999 monthly average of $257 a troy ounce.
- Gold before
- $257
- Aug 1999
- Gold +3 months
- +10.1%
- Gold +12 months
- +6.6%
- Silver +12 months
- -7.5%
In context
15 European central banks capped gold sales at 400 t a year; gold jumped about 25% within two weeks.
Over the same months silver was 1.9% lower three months on and 7.5% lower twelve months on.
Of the 29 market or central-bank moments on the chart with a full year after them, this ranks 18th for gold twelve months on.
The market or central-bank moment before it on the chart: Brown’s Bottom (7 May 1999).
The one after: Dot-com peak (10 Mar 2000).
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