How gold performed under Bill Clinton (1993–2001)
Under Bill Clinton (20 Jan 1993 to 20 Jan 2001), gold fell 19.1%, from $335 to $271 a troy ounce, comparing the monthly averages of Dec 1992 and Dec 2000; silver rose 24.3%.
- Gold
- -19.1%
- $335 → $271
- Silver
- +24.3%
- $3.70 → $4.60
- Gold high
- $405
- Feb 1996
- Gold low
- $256
- Jul 1999
In context
Bill Clinton's 8 years rank 9th of 11 presidencies since 1971 for gold. Silver did better than gold, rising 24.3%, from $3.70 to $4.60.
Gold's monthly average peaked at $405 in Feb 1996 and was lowest at $256 in Jul 1999 during the term.
That is a loss of about 2.6% a year, against 8.7% a year for gold across the whole record.
Under George H. W. Bush, the presidency before, gold fell 20.0%.
Under George W. Bush, the presidency after, gold rose 201.1%.
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