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Gold during the Bernanke years at the Fed (2006–2014)

During Ben Bernanke's years as Fed chair (1 Feb 2006 to 31 Jan 2014), gold rose 122.2%, from $550 to $1,222 a troy ounce, comparing the monthly averages of Jan 2006 and Dec 2013; silver rose 116.5%.

Gold
+122.2%
$550 → $1,222
Silver
+116.5%
$9.10 → $19.70
Gold high
$1,772
Sep 2011
Gold low
$550
Jan 2006
W. Bush · RObama · D$550$1,161$1,772Jan 2006Dec 2013

In context

Of the 8 Fed chairs on the chart, Bernanke's years rank 3rd for gold.

Presidents during these years: W. Bush, Obama.

Gold's monthly average ranged from $550 (Jan 2006) to $1,772 (Sep 2011).

Under Alan Greenspan, the chair before, gold rose 13.1%.

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.

Open this in the chart

Updated Oct 2026 · record through Oct 2026