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Gold price history since 1970

Gold since 1970, in the dollars of each year and adjusted for inflation.

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What the data shows

  • Gold price: $36 in 1970, $3.4K in 2025 (96× higher).
  • In 2025 dollars: $297 in 1970, $3.4K in 2025 (12× higher).

About this chart

The US ended the dollar's link to gold in 1971, and the price was free to float. Two lines tell the story: the price people actually paid each year, and the same price in today's dollars. The 1980 spike looks small in nominal terms but rivals recent records once inflation is counted.

Yearly averages smooth out single-day highs.

The data

Source: World Bank / LBMA monthly gold price (datasets/gold-prices), yearly average US$ per troy ounce; inflation-adjusted with US CPI-U (FRED CPIAUCSL) to 2025 dollars. Retrieved November 3, 2026.

Gold price history, US$ per ounce, yearly average, 1970–2025
DateGold priceIn 2025 dollars
1970$36$297
1971$41$325
1972$58$448
1973$97$705
1974$159$1K
1975$161$963
1976$125$706
1977$148$784
1978$193$953
1979$307$1.4K
1980$608$2.4K
1981$460$1.6K
1982$376$1.3K
1983$423$1.4K
1984$360$1.1K
1985$318$952
1986$368$1.1K
1987$446$1.3K
1988$437$1.2K
1989$381$991
1990$384$945
1991$362$857
1992$344$789
1993$360$802
1994$384$834
1995$384$812
1996$388$796
1997$331$664
1998$294$581
1999$279$539
2000$279$522
2001$271$493
2002$310$555
2003$364$636
2004$409$697
2005$445$733
2006$604$965
2007$697$1.1K
2008$872$1.3K
2009$973$1.5K
2010$1.2K$1.8K
2011$1.6K$2.2K
2012$1.7K$2.3K
2013$1.4K$2K
2014$1.3K$1.7K
2015$1.2K$1.6K
2016$1.2K$1.7K
2017$1.3K$1.7K
2018$1.3K$1.6K
2019$1.4K$1.8K
2020$1.8K$2.2K
2021$1.8K$2.1K
2022$1.8K$2K
2023$1.9K$2.1K
2024$2.4K$2.5K
2025$3.4K$3.4K

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Frequently asked questions

Where does this data come from?

World Bank / LBMA monthly gold price (datasets/gold-prices), yearly average US$ per troy ounce; inflation-adjusted with US CPI-U (FRED CPIAUCSL) to 2025 dollars. Retrieved November 3, 2026. You can download the full table as a CSV from this page.

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