Gold price history
See how the gold price has moved since 1971: annual averages for every year, plus the daily record collected by our price feed. Tap a range to zoom in.
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Gold price chart (USD per ounce)
Gold price by year (annual average)
From 40.80 dollars an ounce in 1971 to about 3,440.00 in 2025: the annual average price of gold and its change from the previous year.
| Year | Average USD/oz | Change | USD per gram |
|---|---|---|---|
| 2025 approx. | 3,440.00 | +44.2 % | 110.60 |
| 2024 | 2,386.20 | +23.0 % | 76.72 |
| 2023 | 1,940.54 | +7.8 % | 62.39 |
| 2022 | 1,800.09 | +0.1 % | 57.87 |
| 2021 | 1,798.61 | +1.6 % | 57.83 |
| 2020 | 1,769.64 | +27.1 % | 56.90 |
| 2019 | 1,392.60 | +9.8 % | 44.77 |
| 2018 | 1,268.49 | +0.9 % | 40.78 |
| 2017 | 1,257.12 | +0.5 % | 40.42 |
| 2016 | 1,250.74 | +7.8 % | 40.21 |
| 2015 | 1,160.06 | -8.4 % | 37.30 |
| 2014 | 1,266.40 | -10.3 % | 40.72 |
| 2013 | 1,411.23 | -15.4 % | 45.37 |
| 2012 | 1,668.98 | +6.2 % | 53.66 |
| 2011 | 1,571.52 | +28.3 % | 50.53 |
| 2010 | 1,224.53 | +25.9 % | 39.37 |
| 2009 | 972.35 | +11.5 % | 31.26 |
| 2008 | 871.96 | +25.4 % | 28.03 |
| 2007 | 695.39 | +15.2 % | 22.36 |
| 2006 | 603.46 | +35.7 % | 19.40 |
| 2005 | 444.74 | +8.5 % | 14.30 |
| 2004 | 409.72 | +12.8 % | 13.17 |
| 2003 | 363.38 | +17.3 % | 11.68 |
| 2002 | 309.73 | +14.3 % | 9.96 |
| 2001 | 271.04 | -2.9 % | 8.71 |
| 2000 | 279.11 | +0.0 % | 8.97 |
| 1999 | 278.98 | -5.2 % | 8.97 |
| 1998 | 294.24 | -11.1 % | 9.46 |
| 1997 | 331.02 | -14.6 % | 10.64 |
| 1996 | 387.77 | +0.9 % | 12.47 |
| 1995 | 384.17 | +0.0 % | 12.35 |
| 1994 | 384.00 | +6.7 % | 12.35 |
| 1993 | 359.77 | +4.6 % | 11.57 |
| 1992 | 343.82 | -5.1 % | 11.05 |
| 1991 | 362.11 | -5.6 % | 11.64 |
| 1990 | 383.51 | +0.5 % | 12.33 |
| 1989 | 381.44 | -12.7 % | 12.26 |
| 1988 | 436.94 | -2.1 % | 14.05 |
| 1987 | 446.46 | +21.4 % | 14.35 |
| 1986 | 367.66 | +15.9 % | 11.82 |
| 1985 | 317.26 | -12.0 % | 10.20 |
| 1984 | 360.66 | -14.9 % | 11.60 |
| 1983 | 424.00 | +12.8 % | 13.63 |
| 1982 | 375.91 | -18.2 % | 12.09 |
| 1981 | 459.64 | -25.0 % | 14.78 |
| 1980 | 612.56 | +99.7 % | 19.69 |
| 1979 | 306.68 | +58.7 % | 9.86 |
| 1978 | 193.22 | +30.8 % | 6.21 |
| 1977 | 147.71 | +18.3 % | 4.75 |
| 1976 | 124.84 | -22.5 % | 4.01 |
| 1975 | 161.02 | +1.1 % | 5.18 |
| 1974 | 159.26 | +63.6 % | 5.12 |
| 1973 | 97.32 | +67.3 % | 3.13 |
| 1972 | 58.16 | +42.5 % | 1.87 |
| 1971 | 40.80 | — | 1.31 |
Source: annual averages of the LBMA Gold Price, rounded. Figures marked "approx." are provisional.
Long-term gold chart
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Key moments in gold’s modern history
- 1971 US ends dollar convertibility to gold at $35/oz; gold starts floating freely.
- 1980 Inflation and geopolitical tension push gold to about $850/oz in January.
- 1999 A long bear market ends near $250/oz; European central banks agree to limit sales.
- 2011 After the financial crisis gold tops $1,900/oz.
- 2020 The pandemic drives gold above $2,000/oz for the first time.
- 2025 Heavy central-bank buying and safe-haven demand lift gold past $3,000/oz in March and $4,000/oz in October; it ends the year up about 64%, its best year since 1979.
- 2026 Gold tops $5,000/oz for the first time in late January and sets a record near $5,590 on January 28, then corrects as US rate-cut hopes fade.
Daily gold prices
| Date | Open | High | Low | Close | Silver close |
|---|---|---|---|---|---|
| 2026-11-06 | 4,088.80 | 4,106.00 | 4,039.10 | 4,072.00 | 52.19 |
| 2026-11-05 | 4,139.30 | 4,146.80 | 4,077.00 | 4,086.10 | 51.79 |