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Gold prices (US$ per troy ounce), in nominal US$ and inflation adjusted US$ from 1914 onward. Price of gold 1915–2022 Gold price history in 1960–2014 Gold price per gram between Jan 1971 and Jan 2012. The graph shows nominal price in US dollars, the price in 1971 and 2011 US dollars.
English: This chart shows the nominal price of gold along with the price in 1971 and 2011 dollars (adjusted based on the consumer price index). The historical gold price was obtained from www.igolder.com; CPI was obtained from www.rateinflation.com.
Another record price was set on 17 March 2008 at $1,023.50/oz ($32,900/kg) (am. London Gold Fixing). [65] In the fall of 2009, gold markets experience renewed momentum upwards due to increased demand and a weakening US dollar. On 2 December 2009, gold passed the important barrier of US$1,200 per ounce to close at $1,215. [66]
Gold prices are above $1,800 per ounce for the first time since 2011, sending gold stocks soaring. Despite the big moves in gold prices and gold stocks, one analyst said Friday that shares of ...
Although the gold price was getting battered that day, it wasn't exactly a reversal from previous sessions. The metal hit an all-time high on Oct. 30, and since then it's been in retreat for the ...
May 20 marked an all-time high price for gold, at a spot price of $2,435.96 per ounce. Gold futures were higher at $2,438.50. Spot silver also rose to $32.17, an over 11-year high.
The gold/silver ratio is the oldest continuously tracked exchange rate in history. [9] In Roman times, the price ratio was set at 12 (or 12.5) to 1. [ 10 ] In 1792, the gold/silver price ratio was fixed by law in the United States at 15:1, [ 11 ] which meant that one troy ounce of gold was worth 15 troy ounces of silver; a ratio of 15.5:1 was ...
The spot price of gold closed Tuesday at just over $2,514 per Troy ounce — the standard for measuring precious metals, which is equivalent to 31 grams. That would make a gold bar or brick ...
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