Gold price history
Gold price in 1970
Gold averaged $36 an ounce in 1970. That was −12.4% on 1969.
Gold today: …
Month by month in 1970
| Month | Average price |
|---|---|
| January | $35 |
| February | $35 |
| March | $35 |
| April | $36 |
| May | $36 |
| June | $35 |
| July | $35 |
| August | $35 |
| September | $36 |
| October | $38 |
| November | $37 |
| December | $37 |
1970 on the long-run chart
The large dot is 1970. Yearly averages, log scale.
Yearly and monthly figures are averages of daily prices, in US dollars per troy ounce. Source: World Bank Commodity Markets (Pink Sheet), CC BY 4.0, via the open gold-prices dataset. Daily highs and lows were higher and lower than the monthly averages. Latest month in the data: September 2026.
Questions people ask
What was the price of gold in 1970?
Gold averaged about $36 an ounce in 1970. The highest month was October ($38) and the lowest was January ($35).
How much is gold now compared with 1970?
See the live figure at the top of this page. It compares today's price with the 1970 average of $36. Past prices don't tell you what gold will do next.
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