What was the gold price in 1985?

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What happened to the gold price in 1980

1970s: $35 in 1971 to $180 in 1974 (414 wins)
Now: $280 in 2000 to $1,888 in August 2011 (share gain 574).
1970s: Correction from 1974 to 1976 from $197 to $110 (44% loss).
Now: 2011-2015 correction from $1888 to $1056 (44% loss).

How has the value of a gold developed since 1980

From our point of view, the period after 1980 is remarkable. Until 1971, gold traded at a stable price in the United States, and during the 1980s, high inflationary results triggered the last incredibly strong rise and peak in world prices.

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What was the price of gold in 1981

Fixed AM gold price in US dollars per troy ounce. Fixed PM gold price in dollars per troy ounce. January. $559.00 oz. $559.50 per ounce. January. $632.00 oz. puff for $634. January. $596.00 per ounce. $588.00 oz. January. $634.00 oz. $633.50 oz. January. $615.75 an ounce. 610.00 oz. January. $599.25 an ounce. from. 607.20 oz. January. $608.25 an ounce. $602.85 puff

How much did a Krugerrand cost in 1980

How much is the $300 advantage of gold in 1985 worth today? Adjusted inflation of $317.42 in 1985 equals $785.18 in 2021. In what year was gold the cheapest? 2000 According to the chart, the price and value of gold in US dollars were bought at the lowest level in 2000 and at the highest level at the end of January 1980.

How much was gold worth in 1970

And can we eventually see this happen to gold prices? In the 1970s, the price of gold rose from a low of $35 an ounce in 1971 to a high of $180 in late 1974.

When was gold $35 an ounce

In 1934, the price of gold in the state rose to $35 an ounce, boosting the Federal Reserve’s balance sheets by 69%.

Why did gold go so high in 1980

After the price of gold was released from government control, the price of gold rose sharply, and its most staggering rise came in January, when the price was over $800 for a very good ounce.