Gold Price in 1970
Gold averaged $35.96 per troy ounce in 1970 ($1.16 per gram), trading between $34.78 and $39.19. Over the year it gained 6.4%, from $35.13 to $37.38.
Compared with the 1970 average, the latest close of $4,206.42 is higher by 11596%.
Average
$35.96
Open
$35.13
High
$39.19
Low
$34.78
Average price per gram by karat in 1970
| Karat | Per gram | Per 10 g |
|---|---|---|
| 24k | $1.16 | $11.55 |
| 22k | $1.06 | $10.59 |
| 18k | $0.87 | $8.67 |
| 14k | $0.68 | $6.76 |
| 10k | $0.48 | $4.82 |
Frequently asked questions
What was the average gold price in 1970?
The average gold price in 1970 was $35.96 per troy ounce, or $1.16 per gram.
What was the highest gold price in 1970?
Gold reached a high of $39.19 per ounce in 1970, and a low of $34.78.
Did gold go up or down in 1970?
Gold rose 6.4% in 1970, from $35.13 to $37.38 per ounce.
How much was 1 gram of 24k gold in 1970?
On average $1.16 per gram of 24k gold, $1.06 for 22k and $0.68 for 14k.
Calculated from the daily historical series supplied by MetalflowAPI, in US dollars per troy ounce.