Gold Spot Price History

The spot price of gold is the most common standard used to gauge the going rate for a troy ounce of gold.

Gold spot price history. The lbma gold price is used as an important benchmark throughout the gold market while the other regional gold prices are important to local markets. The first significant ramp in the us dollar gold price followed right after the end of the us civil war. Up next is a historical gold price chart that covers the entire history of us dollar gold prices from the year 1776 to 2019.

This data set provides the gold price over a range of timeframes daily weekly monthly annually going back to 1978 and in the major trading producer and consumer currencies. Daily 24 hour and new york charts starting from may 20 1999. This page features a wealth of information on historical gold prices as well as gold price charts.

The spot gold price can refer to the current price of gold per ounce gram or kilo. Typically however spot gold is quoted in price per ounce using u s. The spot price for gold is in a constant state of flux and can be driven by many different factors.

In the early years of the republic the exchange rate was 19 39 ounce. Origins of spot represented the current month rather than transactions for future delivery deriving from on the spot common practice of the metals industry is to publish a bullion benchmark market value spot price which most universally is a particular trading day s final settlement price per ounce of the comex nymex futures exchange spot month. Yearly average data and charts 1833 present.

Gold coins current prices 10 21 am sun. Modern gold and silver bullion coins historic fractional gold coins bullion related historic u s. Gold not only has a spot price but it also has the lbma gold price as well as several regional prices.

For most of us history government set the price at which gold could be converted to paper currency. Year average closing price year open year high year low year close annual change. January 31 2021.