Gold Price History

Latest monthly average (Sep 2026)
$4,319 / troy oz
▼ -$92.00 (-2.09%) Change vs previous observation (Aug 2026)
  • Monthly average, not real-time
  • Source: World Bank Commodity Price Data (The Pink Sheet) — World Bank monthly average (spot average of daily rates; earlier London PM fixing)
  • World Bank file updated: Oct 2, 2026
  • Last updated on this site: Oct 4, 2026, 11:17 AM CEST

Chart shows monthly averages.

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Statistics

All-time high
$5,020
Feb 2026
All-time low
$35.00
Jan 1960
52-week high
$5,020
Feb 2026
52-week low
$4,058
Oct 2025
History since
Jan 1960

Based on monthly averages in USD per troy oz; daily highs and lows are not available from this source.

Latest Gold price per unit and currency

UnitUSDEURSEK
Troy ounce$4,319€3,751SEK 42,138
Gram$138.86€120.61SEK 1,355
Kilogram$138,859€120,608SEK 1,354,777

Monthly average for Sep 2026. EUR and SEK values converted with ECB euro reference rates (monthly average of daily rates). Unit values are exact conversions (1 troy oz = 31.1034768 g; 1 kg = 32.1507 troy oz).

Gold price history: key moments

The World Bank monthly series starts in Jan 1960 at $35.00 per ounce; in Aug 1971, when US dollar convertibility into gold ended, the average was $43.00.

Amid high inflation, the price rose to a monthly average of $675.00 in Jan 1980.

It then went through a two-decade bear market, bottoming at $256.00 in Jul 1999 (-62.07% from the 1980 peak).

During the 2008 financial crisis gold swung between a monthly average of $968.00 (Mar 2008) and $761.00 (Nov 2008), a -21.38% drop, before resuming its climb.

It reached $1,772 in Sep 2011, +132.85% above the 2008 low.

In the 2020 pandemic year the monthly average peaked at $1,969 in Aug 2020, +33.13% above December 2019 ($1,479).

The highest monthly average in the series is $5,020 (Feb 2026). The latest is $4,319 for Sep 2026.

Figures in this section are computed from the data shown on this page (Monthly average, USD).

Price change over time

PeriodFromToChangePer year
1Y$3,668 Sep 2025$4,319 Sep 2026+17.75%—
5Y$1,775 Sep 2021$4,319 Sep 2026+143.32%+19.47%
10Y$1,327 Sep 2016$4,319 Sep 2026+225.47%+12.53%
20Y$598.00 Sep 2006$4,319 Sep 2026+622.24%+10.39%
Since Jan 1960$35.00 Jan 1960$4,319 Sep 2026+12,240.00%+7.49%

Each change is measured from the last observation on or before the same calendar date 1, 5, 10 or 20 years earlier. "Per year" is the compound annual growth rate. Periods longer than the available history are left out.

Decade by decade

DecadeStartEndChangeHighLow
1960s$35.00$35.000.00%$43.00 Feb 1969$35.00 Jan 1960
1970s$35.00$455.00+1,200.00%$455.00 Dec 1979$35.00 Jan 1970
1980s$455.00$409.00-10.11%$675.00 Jan 1980$299.00 Feb 1985
1990s$409.00$283.00-30.81%$417.00 Feb 1990$256.00 Jul 1999
2000s$283.00$1,135+301.06%$1,135 Dec 2009$260.00 Apr 2001
2010s$1,135$1,479+30.31%$1,772 Sep 2011$1,076 Dec 2015
2020s (partial)$1,479$4,319+192.02%$5,020 Feb 2026$1,561 Jan 2020

Start = last value of the previous decade (or the first available value). Partial decades are marked.

Annual price history

YearAverageHighLowLastYear change
2026 (partial)$4,552$5,020$4,073$4,319+0.23%
2025$3,442$4,309$2,710$4,309+62.73%
2024$2,388$2,690$2,023$2,648+30.70%
2023$1,943$2,026$1,855$2,026+12.68%
2022$1,801$1,948$1,664$1,798+0.45%
2021$1,800$1,867$1,718$1,790-3.66%
2020$1,770$1,969$1,561$1,858+25.63%
2019$1,393$1,511$1,284$1,479+18.32%
2018$1,269$1,335$1,198$1,250-1.11%
2017$1,258$1,314$1,192$1,264+9.25%
2016$1,249$1,340$1,098$1,157+7.53%
2015$1,161$1,251$1,076$1,076-10.41%
2014$1,266$1,336$1,175$1,201-1.72%
2013$1,412$1,672$1,222$1,222-27.48%
2012$1,670$1,747$1,589$1,685+2.74%
2011$1,569$1,772$1,360$1,640+17.90%
2010$1,225$1,391$1,095$1,391+22.56%
2009$973.00$1,135$859.00$1,135+39.09%
2008$871.75$968.00$761.00$816.00+1.62%
2007$696.67$806.00$631.00$803.00+27.46%
2006$604.42$675.00$550.00$630.00+23.53%
2005$444.83$510.00$422.00$510.00+15.38%
2004$409.17$442.00$384.00$442.00+8.60%
2003$363.58$407.00$328.00$407.00+22.59%
2002$310.00$332.00$282.00$332.00+20.29%
2001$270.83$283.00$260.00$276.00+1.85%
2000$279.00$300.00$266.00$271.00-4.24%
1999$278.75$311.00$256.00$283.00-3.08%
1998$294.08$308.00$284.00$292.00+1.04%
1997$331.17$355.00$289.00$289.00-21.68%
1996$387.58$405.00$369.00$369.00-4.65%
1995$384.17$391.00$377.00$387.00+2.11%
1994$383.92$392.00$377.00$379.00-1.04%
1993$359.67$392.00$329.00$383.00+14.33%
1992$343.67$354.00$335.00$335.00-7.46%
1991$362.25$384.00$349.00$362.00-3.98%
1990$383.50$417.00$352.00$377.00-7.82%
1989$381.42$409.00$362.00$409.00-2.39%
1988$437.08$477.00$407.00$419.00-13.79%
1987$446.42$486.00$401.00$486.00+24.30%
1986$367.75$424.00$339.00$391.00+21.43%
1985$318.00$330.00$299.00$322.00+0.63%
1984$360.50$394.00$320.00$320.00-17.53%
1983$422.58$491.00$382.00$388.00-12.81%
1982$375.75$445.00$315.00$445.00+8.54%
1981$459.75$557.00$409.00$410.00-23.79%
1980$607.83$675.00$514.00$538.00+18.24%
1979$306.75$455.00$227.00$455.00+118.75%
1978$193.17$227.00$173.00$208.00+30.00%
1977$147.67$162.00$132.00$160.00+19.40%
1976$124.83$134.00$110.00$134.00-3.60%
1975$160.92$180.00$139.00$139.00-24.46%
1974$159.25$184.00$129.00$184.00+71.96%
1973$97.33$120.00$65.00$107.00+67.19%
1972$58.17$67.00$46.00$64.00+48.84%
1971$40.92$43.00$38.00$43.00+16.22%
1970$35.83$38.00$35.00$37.00+5.71%
1969$40.92$43.00$35.00$35.00-14.63%
1968$38.92$41.00$36.00$41.00+17.14%
1967$35.00$35.00$35.00$35.000.00%
1966$35.00$35.00$35.00$35.000.00%
1965$35.00$35.00$35.00$35.000.00%
1964$35.00$35.00$35.00$35.000.00%
1963$35.00$35.00$35.00$35.000.00%
1962$35.00$35.00$35.00$35.000.00%
1961$35.00$35.00$35.00$35.000.00%
1960$35.00$35.00$35.00$35.00—

About this price

Gold is the most widely followed precious metal, held by central banks, investors and jewellers. Its price is quoted in US dollars per troy ounce (31.1035 grams). This page tracks the long-run history of the gold price using World Bank monthly averages from January 1960, with per-gram and per-kilogram values and conversion into ten currencies.

Until August 1971 the US dollar was convertible into gold at an official price of $35 per ounce under the Bretton Woods system, which is why the first decade of the chart is almost flat. After convertibility ended, gold traded freely and became far more volatile, with long bull and bear markets.

Data notes

World Bank Pink Sheet monthly averages. From June 2025 the World Bank uses the spot average of daily rates; earlier values are averages of the London afternoon fixing. Monthly averages smooth out daily extremes, so the all-time high shown here is the highest monthly average, not the highest daily price. A daily gold price is not available from a free source that permits commercial display.

Source: World Bank Commodity Price Data (The Pink Sheet), CC BY 4.0. Licence per World Bank Data Catalog (dataset 0038238): Creative Commons Attribution 4.0.

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