WHY GOLD MOVED Gold …

Gold price history

Gold price in 1973

Gold averaged $97 an ounce in 1973. That was +67.3% on 1972.

1973 average$97
Highest month$120Jun
Lowest month$65Jan

Gold today: …

Month by month in 1973

MonthAverage price
January$65
February$74
March$84
April$91
May$102
June$120
July$120
August$107
September$103
October$100
November$95
December$107

1973 on the long-run chart

$50$100$250$500$1,000$2,000$4,000197019801990200020102020

The large dot is 1973. 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 1973?

Gold averaged about $97 an ounce in 1973. The highest month was June ($120) and the lowest was January ($65).

How much is gold now compared with 1973?

See the live figure at the top of this page. It compares today's price with the 1973 average of $97. Past prices don't tell you what gold will do next.

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