Gold Price in 1972
Gold averaged $58.17 per troy ounce in 1972 ($1.87 per gram), trading between $43.73 and $70.00. Over the year it gained 48.0%, from $43.73 to $64.70.
Compared with the 1972 average, the latest close of $4,206.42 is higher by 7131%.
Average
$58.17
Open
$43.73
High
$70.00
Low
$43.73
Average price per gram by karat in 1972
| Karat | Per gram | Per 10 g |
|---|---|---|
| 24k | $1.87 | $18.68 |
| 22k | $1.71 | $17.13 |
| 18k | $1.40 | $14.03 |
| 14k | $1.09 | $10.94 |
| 10k | $0.78 | $7.80 |
Frequently asked questions
What was the average gold price in 1972?
The average gold price in 1972 was $58.17 per troy ounce, or $1.87 per gram.
What was the highest gold price in 1972?
Gold reached a high of $70.00 per ounce in 1972, and a low of $43.73.
Did gold go up or down in 1972?
Gold rose 48.0% in 1972, from $43.73 to $64.70 per ounce.
How much was 1 gram of 24k gold in 1972?
On average $1.87 per gram of 24k gold, $1.71 for 22k and $1.09 for 14k.
Calculated from the daily historical series supplied by MetalflowAPI, in US dollars per troy ounce.