Gold Price History Per Ounce
Examining historical gold prices can potentially be useful in trying to identify potential.
Gold price history per ounce. 3 defense of the gold standard helped cause the great depression. The current month is updated on an hourly basis with today s latest value. Gold s history in the united states began in 1792 when the u s.
The series is deflated using the headline consumer price index cpi with the most recent month as the base. Interactive chart of historical data for real inflation adjusted gold prices per ounce back to 1915. At the time gold was valued at 19 30 per ounce.
You ve found it with america s gold authority u s. The spot price of gold per troy ounce and the date and time of the price is shown below the calculator. In 1791 it set the price of gold at 19 49 per ounce but also used silver to redeem currency.
Come see gold price charts and data over the last 100 years and beyond. If your browser is configured to accept cookies you will see a button at the bottom of the holdings calculator. A gold price chart that includes historical gold prices.
Congress established a bimetallic gold and silver standard for the nation s newly minted currency. Before the gold standard act the united states used the british gold standard. Learn and see us dollar gold price action during the 1920s 1930s 1940s 1950s 1960s 1970s 1980s 1990s 2000s and 2010s here at sd bullion.
In 1834 it raised the price of gold to 20 69 per ounce. The current price of gold as of january 29 2021 is 1 849 70 per ounce.