Gold price history
Gold price in 1979
Gold averaged $307 an ounce in 1979. That was +58.8% on 1978.
Gold today: …
Month by month in 1979
| Month | Average price |
|---|---|
| January | $227 |
| February | $246 |
| March | $242 |
| April | $239 |
| May | $258 |
| June | $279 |
| July | $295 |
| August | $301 |
| September | $355 |
| October | $392 |
| November | $392 |
| December | $455 |
1979 on the long-run chart
The large dot is 1979. 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 1979?
Gold averaged about $307 an ounce in 1979. The highest month was December ($455) and the lowest was January ($227).
How much is gold now compared with 1979?
See the live figure at the top of this page. It compares today's price with the 1979 average of $307. Past prices don't tell you what gold will do next.
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