Measuring Worth Gold Prices and the Ratio to the Price of Silver

The Price of Gold, 1257 - Present

Download the Results in a Spreadsheet Format

Year	U.S. Official Price (U.S. dollars per fine ounce end of year)
1786	19.49
1787	19.49
1788	19.49
1789	19.49
1790	19.49
1791	19.49
1792	19.39
1793	19.39
1794	19.39
1795	19.39
1796	19.39
1797	19.39
1798	19.39
1799	19.39
1800	19.39
1801	19.39
1802	19.39
1803	19.39
1804	19.39
1805	19.39
1806	19.39
1807	19.39
1808	19.39
1809	19.39
1810	19.39
1811	19.39
1812	19.39
1813	19.39
1814	19.39
1815	19.39
1816	19.39
1817	19.39
1818	19.39
1819	19.39
1820	19.39
1821	19.39
1822	19.39
1823	19.39
1824	19.39
1825	19.39
1826	19.39
1827	19.39
1828	19.39
1829	19.39
1830	19.39
1831	19.39
1832	19.39
1833	19.39
1834	20.69
1835	20.69
1836	20.69
1837	20.67
1838	20.67
1839	20.67
1840	20.67
1841	20.67
1842	20.67
1843	20.67
1844	20.67
1845	20.67
1846	20.67
1847	20.67
1848	20.67
1849	20.67
1850	20.67
1851	20.67
1852	20.67
1853	20.67
1854	20.67
1855	20.67
1856	20.67
1857	20.67
1858	20.67
1859	20.67
1860	20.67
1861	20.67
1862	20.67
1863	20.67
1864	20.67
1865	20.67
1866	20.67
1867	20.67
1868	20.67
1869	20.67
1870	20.67
1871	20.67
1872	20.67
1873	20.67
1874	20.67
1875	20.67
1876	20.67
1877	20.67
1878	20.67
1879	20.67
1880	20.67
1881	20.67
1882	20.67
1883	20.67
1884	20.67
1885	20.67
1886	20.67
1887	20.67
1888	20.67
1889	20.67
1890	20.67
1891	20.67
1892	20.67
1893	20.67
1894	20.67
1895	20.67
1896	20.67
1897	20.67
1898	20.67
1899	20.67
1900	20.67
1901	20.67
1902	20.67
1903	20.67
1904	20.67
1905	20.67
1906	20.67
1907	20.67
1908	20.67
1909	20.67
1910	20.67
1911	20.67
1912	20.67
1913	20.67
1914	20.67
1915	20.67
1916	20.67
1917	20.67
1918	20.67
1919	20.67
1920	20.67
1921	20.67
1922	20.67
1923	20.67
1924	20.67
1925	20.67
1926	20.67
1927	20.67
1928	20.67
1929	20.67
1930	20.67
1931	20.67
1932	20.67
1933	20.67
1934	35.00
1935	35.00
1936	35.00
1937	35.00
1938	35.00
1939	35.00
1940	35.00
1941	35.00
1942	35.00
1943	35.00
1944	35.00
1945	35.00
1946	35.00
1947	35.00
1948	35.00
1949	35.00
1950	35.00
1951	35.00
1952	35.00
1953	35.00
1954	35.00
1955	35.00
1956	35.00
1957	35.00
1958	35.00
1959	35.00
1960	35.00
1961	35.00
1962	35.00
1963	35.00
1964	35.00
1965	35.00
1966	35.00
1967	35.00
1968	35.00
1969	35.00
1970	35.00
1971	35.00
1972	38.00
1973	42.22
1974	42.22
1975	42.22
1976	42.22
1977	42.22
1978	42.22
1979	42.22
1980	42.22
1981	42.22
1982	42.22
1983	42.22
1984	42.22
1985	42.22
1986	42.22
1987	42.22
1988	42.22
1989	42.22
1990	42.22
1991	42.22
1992	42.22
1993	42.22
1994	42.22
1995	42.22
1996	42.22
1997	42.22
1998	42.22
1999	42.22
2000	42.22
2001	42.22
2002	42.22
2003	42.22
2004	42.22
2005	42.22
2006	42.22
2007	42.22
2008	42.22
2009	42.22
2010	42.22
2011	42.22
2012	42.22
2013	42.22
2014	42.22
2015	42.22
2016	42.22
2017	42.22
2018	42.22
2019	42.22
2020	42.22
Note: British official price is only available till 1945.

To help understand where the historical data come from, you should read What Was the Price of Gold Then? Importance, Measurement, and History (25K PDF). The specialist or the serious user will also want to read What was the Price of Gold Then? A Data Study (111K PDF). This essay considers the five gold-price series one by one and provides a detailed description and evaluation of the existing work on the specific price.

The recent source of annual London Market Prices is the average of the daily London PM Fix found on www.kitco.com. This is the price most users quote.

The source of annual New York Market Prices is the U.S. Geological Survey which is "averaging Engelhard’s gold price quotations." See footnot 4 at minerals.usgs.gov/minerals/pubs/commodity/gold.

Please read our Note on Data Revisions.

These data may be used for non-profit educational purposes if proper credit is given. You need not ask for permission. If you need to publish a table of more than five consecutive years of these data in electronic or print documents, we ask that you contact us first. If you are using these data in a document for profit purpose, we expect to be cited and that the user will make a donation to our cite. Anyone is allowed to publish electronic links to these data.

Citation

Lawrence H. Officer and Samuel H. Williamson, "The Price of Gold, 1257-Present," MeasuringWorth,
URL: http://www.measuringworth.com/gold/

Please let us know if and how this discussion has assisted you in using our calculators.

What Was the Price of Gold? London market price (1718-Present) Gold/silver price ratio (1687-Present) New York market price (1791-Present) U.S. official price (1786-Present) British official price (1257-1945)
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