Gold price history
Gold price in 1983
Gold averaged $423 an ounce in 1983. That was +12.5% on 1982.
Gold today: …
Month by month in 1983
| Month | Average price |
|---|---|
| January | $481 |
| February | $491 |
| March | $420 |
| April | $433 |
| May | $438 |
| June | $413 |
| July | $403 |
| August | $416 |
| September | $412 |
| October | $394 |
| November | $382 |
| December | $388 |
1983 on the long-run chart
The large dot is 1983. 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 1983?
Gold averaged about $423 an ounce in 1983. The highest month was February ($491) and the lowest was November ($382).
How much is gold now compared with 1983?
See the live figure at the top of this page. It compares today's price with the 1983 average of $423. Past prices don't tell you what gold will do next.
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