How gold performed under Joe Biden (2021–2025)
Under Joe Biden (20 Jan 2021 to 20 Jan 2025), gold rose 42.5%, from $1,858 to $2,648 a troy ounce, comparing the monthly averages of Dec 2020 and Dec 2024; silver rose 23.2%.
- Gold
- +42.5%
- $1,858 → $2,648
- Silver
- +23.2%
- $25.00 → $30.80
- Gold high
- $2,690
- Oct 2024
- Gold low
- $1,664
- Oct 2022
In context
Joe Biden's 4 years rank 6th of 11 presidencies since 1971 for gold. Silver did worse than gold, rising 23.2%, from $25.00 to $30.80.
Gold's monthly average peaked at $2,690 in Oct 2024 and was lowest at $1,664 in Oct 2022 during the term.
That is a gain of about 9.3% a year, against 8.7% a year for gold across the whole record.
Under Donald Trump I, the presidency before, gold rose 60.6%.
Under Donald Trump II, the presidency after, gold rose 55.0%.
Democratic presidencies since 1971: 4 of 11.
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.
Updated Oct 2026 · record through Oct 2026