How gold performed under Barack Obama (2009–2017)
Under Barack Obama (20 Jan 2009 to 20 Jan 2017), gold rose 41.8%, from $816 to $1,157 a troy ounce, comparing the monthly averages of Dec 2008 and Dec 2016; silver rose 59.2%.
- Gold
- +41.8%
- $816 → $1,157
- Silver
- +59.2%
- $10.30 → $16.40
- Gold high
- $1,772
- Sep 2011
- Gold low
- $816
- Dec 2008
In context
Barack Obama's 8 years rank 7th of 11 presidencies since 1971 for gold. Silver did better than gold, rising 59.2%, from $10.30 to $16.40.
Gold's monthly average peaked at $1,772 in Sep 2011 and was lowest at $816 in Dec 2008 during the term.
That is a gain of about 4.5% a year, against 8.7% a year for gold across the whole record.
Under George W. Bush, the presidency before, gold rose 201.1%.
Under Donald Trump I, the presidency after, gold rose 60.6%.
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