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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.
Troy weights were first used in England in the 15th century and were made official for gold and silver in 1527. [1] The British Imperial system of weights and measures (also known as Imperial units ) was established in 1824, prior to which the troy weight system was a subset of pre-Imperial English units .
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