Gold price history
Gold price in 1974
Gold averaged $159 an ounce in 1974. That was +63.6% on 1973.
Gold today: …
What happened in 1974
Private Americans were allowed to own gold bullion again from 31 December 1974.
Month by month in 1974
| Month | Average price |
|---|---|
| January | $129 |
| February | $150 |
| March | $168 |
| April | $172 |
| May | $163 |
| June | $154 |
| July | $143 |
| August | $155 |
| September | $152 |
| October | $159 |
| November | $182 |
| December | $184 |
1974 on the long-run chart
The large dot is 1974. 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 1974?
Gold averaged about $159 an ounce in 1974. The highest month was December ($184) and the lowest was January ($129).
How much is gold now compared with 1974?
See the live figure at the top of this page. It compares today's price with the 1974 average of $159. Past prices don't tell you what gold will do next.
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