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Gold price history since 1960
Every month of the gold price since 1960, in US dollars per troy ounce, from World Bank monthly averages. Today gold is about $4,042 (Nov 4, 2026), 27.8% below its record from the end of January 2026.
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- Gold today
- $4,042
- per troy ounce, Nov 4, 2026
- All-time high (intraday)
- $5,594.82
- 29 January 2026 (UTC)
- Highest monthly average
- $5,020
- February 2026
- 20-year change
- +622.2%
- Sep 2006 to Sep 2026, monthly average
Gold price chart
From September 2016 to September 2026 the monthly average went from $1,327 to $4,319, with a high of $5,020 and a low of $1,157.
From September 2006 to September 2026 the monthly average went from $598 to $4,319, with a high of $5,020 and a low of $586.
From January 1960 to September 2026 the monthly average went from $35 to $4,319, with a high of $5,020 and a low of $35.
Each point is a monthly average, not a month-end or intraday price. Download the full monthly series (CSV)
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Gold's all-time high
StackFi's price feed logged $5,594.82 on 29 January 2026 (UTC); other feeds put the intraday peak at $5,589–5,602 on 28 January, New York time. By monthly average the peak is February 2026 at $5,020, more than seven times January 1980's $675. Today gold is about $4,042, 27.8% below the intraday record.
Seven eras of the gold price
1960–1971: fixed at $35
Under Bretton Woods the dollar was tied to gold at $35 an ounce, so the price barely moved: $35.27 in January 1960, $40.9 on average in 1971. In August 1971 the US stopped converting dollars into gold, and the price was left to the market.
1971–1980: the first bull market
Oil shocks and high inflation carried gold to a monthly average of $675 in January 1980, more than ten times its 1971 level. Measured by monthly averages, that peak stood for 27 years, until April 2007.
1980–2001: two decades down
Steep US interest rates broke inflation and gold lost its appeal. The price drifted lower for twenty years, to $256 in July 1999, the lowest month since 1980.
2001–2011: the second bull market
The dot-com bust, the 2008 financial crisis and the money printing that followed took gold from a $271 average in 2001 to $1,772 in September 2011.
2011–2015: the pullback
With the US recovering and rate rises expected, gold fell back to $1,076 in December 2015, about 40% below its 2011 high.
2016–2024: the slow climb
The pandemic lifted the monthly average to $1,969 in August 2020; from 2022 central banks bought gold at a record pace, and 2024 averaged $2,388.
2025–2026: record, then retreat
Gold averaged $3,442 in 2025 and $5,020 in February 2026, the highest month in the series; the intraday record came at the end of January, around $5,590–5,600. It has fallen back since, to a $4,319 average in September 2026. What the September 2026 Fed rate rise did to the outlook is on the forecast page.
Gold price by year since 1960
The yearly average is the mean of that year's monthly averages; December's average is the closest this series has to a year-end price. 2026 runs to September 2026.
| Year | Average | December | High (monthly avg) | vs previous year |
|---|---|---|---|---|
| 2026 (9 months) | $4,552 | — | $5,020 (Feb) | +32.3% |
| 2025 | $3,442 | $4,309 | $4,309 (Dec) | +44.1% |
| 2024 | $2,388 | $2,648 | $2,690 (Oct) | +22.9% |
| 2023 | $1,943 | $2,026 | $2,026 (Dec) | +7.9% |
| 2022 | $1,801 | $1,798 | $1,948 (Mar) | +0.1% |
| 2021 | $1,800 | $1,790 | $1,867 (Jan) | +1.7% |
| 2020 | $1,770 | $1,858 | $1,969 (Aug) | +27.1% |
| 2019 | $1,393 | $1,479 | $1,511 (Sep) | +9.7% |
| 2018 | $1,269 | $1,250 | $1,335 (Apr) | +0.9% |
| 2017 | $1,258 | $1,264 | $1,314 (Sep) | +0.7% |
| 2016 | $1,249 | $1,157 | $1,340 (Aug) | +7.6% |
| 2015 | $1,161 | $1,076 | $1,251 (Jan) | −8.3% |
| 2014 | $1,266 | $1,201 | $1,336 (Mar) | −10.3% |
| 2013 | $1,412 | $1,222 | $1,672 (Jan) | −15.4% |
| 2012 | $1,670 | $1,685 | $1,747 (Oct) | +6.4% |
| 2011 | $1,569 | $1,640 | $1,772 (Sep) | +28.1% |
| 2010 | $1,225 | $1,391 | $1,391 (Dec) | +25.9% |
| 2009 | $973 | $1,135 | $1,135 (Dec) | +11.6% |
| 2008 | $872 | $816 | $968 (Mar) | +25.1% |
| 2007 | $697 | $803 | $806 (Nov) | +15.3% |
| 2006 | $604 | $630 | $675 (May) | +35.9% |
| 2005 | $445 | $510 | $510 (Dec) | +8.7% |
| 2004 | $409 | $442 | $442 (Dec) | +12.5% |
| 2003 | $364 | $407 | $407 (Dec) | +17.3% |
| 2002 | $310 | $332 | $332 (Dec) | +14.5% |
| 2001 | $271 | $276 | $283 (Sep) | −2.9% |
| 2000 | $279 | $271 | $300 (Feb) | +0.1% |
| 1999 | $279 | $283 | $311 (Oct) | −5.2% |
| 1998 | $294 | $292 | $308 (Apr) | −11.2% |
| 1997 | $331 | $289 | $355 (Jan) | −14.6% |
| 1996 | $388 | $369 | $405 (Feb) | +0.9% |
| 1995 | $384 | $387 | $391 (Apr) | +0.1% |
| 1994 | $384 | $379 | $392 (Sep) | +6.7% |
| 1993 | $360 | $383 | $392 (Jul) | +4.7% |
| 1992 | $344 | $335 | $354 (Jan) | −5.1% |
| 1991 | $362 | $362 | $384 (Jan) | −5.5% |
| 1990 | $384 | $377 | $417 (Feb) | +0.5% |
| 1989 | $381 | $409 | $409 (Dec) | −12.7% |
| 1988 | $437 | $419 | $477 (Jan) | −2.1% |
| 1987 | $446 | $486 | $486 (Dec) | +21.4% |
| 1986 | $368 | $391 | $424 (Oct) | +15.6% |
| 1985 | $318 | $322 | $330 (Aug) | −11.8% |
| 1984 | $361 | $320 | $394 (Mar) | −14.7% |
| 1983 | $423 | $388 | $491 (Feb) | +12.5% |
| 1982 | $376 | $445 | $445 (Dec) | −18.3% |
| 1981 | $460 | $410 | $557 (Jan) | −24.4% |
| 1980 | $608 | $538 | $675 (Jan) | +98.2% |
| 1979 | $307 | $455 | $455 (Dec) | +58.8% |
| 1978 | $193 | $208 | $227 (Oct) | +30.8% |
| 1977 | $148 | $160 | $162 (Nov) | +18.3% |
| 1976 | $125 | $134 | $134 (Dec) | −22.4% |
| 1975 | $161 | $139 | $180 (Feb) | +1.0% |
| 1974 | $159 | $184 | $184 (Dec) | +63.6% |
| 1973 | $97.33 | $107 | $120 (Jun) | +67.3% |
| 1972 | $58.17 | $64.00 | $67.00 (Aug) | +42.2% |
| 1971 | $40.92 | $43.00 | $43.00 (Aug) | +14.2% |
| 1970 | $35.83 | $37.00 | $38.00 (Oct) | −12.4% |
| 1969 | $40.92 | $35.00 | $43.00 (Feb) | +5.1% |
| 1968 | $38.92 | $41.00 | $41.00 (May) | +11.2% |
| 1967 | $35.00 | $35.00 | $35.00 (Jan) | 0.0% |
| 1966 | $35.00 | $35.00 | $35.00 (Jan) | 0.0% |
| 1965 | $35.00 | $35.00 | $35.00 (Jan) | 0.0% |
| 1964 | $35.01 | $35.00 | $35.10 (May) | 0.0% |
| 1963 | $35.00 | $35.00 | $35.00 (Jan) | −0.2% |
| 1962 | $35.06 | $35.23 | $35.23 (Apr) | +0.1% |
| 1961 | $35.02 | $35.00 | $35.25 (Jan) | −0.5% |
| 1960 | $35.18 | $35.00 | $35.27 (Jan) | — |
FAQ
Frequently asked questions
What is the highest gold price ever?
StackFi's price feed logged $5,594.82 on 29 January 2026 (UTC); other feeds put the intraday peak at $5,589–5,602 on 28 January, New York time. By monthly average the highest is February 2026 at $5,020. Today gold is about $4,042, 27.8% below the record.
What was the price of gold in 1980?
Gold averaged $608 in 1980, and $675 in January 1980, the top of the 1970s bull market. It then fell for twenty years and did not pass that monthly level again until April 2007.
What was the price of gold 20 years ago?
The monthly average was $598 in September 2006 and $4,319 in September 2026: up 622% over 20 years.
How much has gold gone up in 10 years?
From $1,327 in September 2016 to $4,319 in September 2026, monthly averages: up 226%.
What was gold's lowest price since 1980?
By monthly average, $256 in July 1999, at the end of the long 1980–2001 bear market.
Why has gold fallen since January 2026?
After its intraday record at the end of January 2026 gold fell back, to a $4,319 average in September 2026. The main reason is interest rates: the Fed raised its target range to 3.75%–4.00% in September 2026, which makes holding a metal that pays nothing more expensive. The latest bank forecasts are on the gold price forecast page.
Where does this data come from?
Monthly averages since 1960 are the World Bank's commodity price data (the Pink Sheet), republished by datahub.io; StackFi syncs them weekly and you can download them as CSV from this page. Today's price is from the StackFi price feed.
Data and sources
Keep reading
Gold Price Forecast 2026
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Why Is Gold Going Up?
Central banks, rates and the dollar: what has driven gold since 2022.
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Gold Price on the Weekend
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Gold-Silver Ratio
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