Gold Price Per Ounce Record High

Interactive chart of historical data for real inflation adjusted gold prices per ounce back to 1915.

Gold price per ounce record high. Gold contracts intraday record also set about. Gold prices have shaken many investors this week as the precious metal fell from its record high of 2 075 to 1 863 per ounce. Investors were worried about a u s.

Gold has since been moving lower but could have possibly found a bottom in 2016. In august of 2011 the price of gold surpassed 1900 an ounce the highest price ever recorded for one ounce of gold. Economy has improved and inflation remains low.

Since then it has fallen as the u s. Gold shot up to 869 75 per ounce during the 2008 financial crisis. Prices that year continued to hover around 1800 1900 an ounce but were unable to eclipse the record high.

The current month is updated on an hourly basis with today s latest value. Gold prices 100 year historical chart. The series is deflated using the headline consumer price index cpi with the most recent month as the base.

Since the record high gold prices have trended downward. After adjusted for inflation the gold price today is approximately 200 oz below its 2011 official peak set on the london bullion market of 1 895 oz and well below its january 21 1980 record. Futures for the precious metal traded as high as 1 897 70 per ounce through the session passing their record close of 1 891 90 set in august 2011.

Looking at the big picture gold trended higher for many years before making all time highs in 2011 of nearly 2000 per ounce. The price of an ounce of gold hit a then record of 1 917 90 in august 2011. On monday the settlement price for gold futures reached a record high of 1 931 per ounce and many analysts predict gold will top 2 000 by.