How gold performed under George W. Bush (2001–2009)
Under George W. Bush (20 Jan 2001 to 20 Jan 2009), gold rose 201.1%, from $271 to $816 a troy ounce, comparing the monthly averages of Dec 2000 and Dec 2008; silver rose 123.9%.
- Gold
- +201.1%
- $271 → $816
- Silver
- +123.9%
- $4.60 → $10.30
- Gold high
- $968
- Mar 2008
- Gold low
- $260
- Apr 2001
In context
George W. Bush's 8 years rank 3rd of 11 presidencies since 1971 for gold. Silver did worse than gold, rising 123.9%, from $4.60 to $10.30.
Gold's monthly average peaked at $968 in Mar 2008 and was lowest at $260 in Apr 2001 during the term.
That is a gain of about 14.8% a year, against 8.7% a year for gold across the whole record.
Under Bill Clinton, the presidency before, gold fell 19.1%.
Under Barack Obama, the presidency after, gold rose 41.8%.
Republican presidencies since 1971: 7 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