Gold Price in 1974
Gold averaged $158.76 per troy ounce in 1974 ($5.10 per gram), trading between $114.75 and $197.50. Over the year it gained 63.4%, from $114.75 to $187.50.
Compared with the 1974 average, the latest close of $4,206.42 is higher by 2549%.
Average
$158.76
Open
$114.75
High
$197.50
Low
$114.75
Average price per gram by karat in 1974
| Karat | Per gram | Per 10 g |
|---|---|---|
| 24k | $5.10 | $50.99 |
| 22k | $4.68 | $46.76 |
| 18k | $3.83 | $38.28 |
| 14k | $2.99 | $29.86 |
| 10k | $2.13 | $21.29 |
Frequently asked questions
What was the average gold price in 1974?
The average gold price in 1974 was $158.76 per troy ounce, or $5.10 per gram.
What was the highest gold price in 1974?
Gold reached a high of $197.50 per ounce in 1974, and a low of $114.75.
Did gold go up or down in 1974?
Gold rose 63.4% in 1974, from $114.75 to $187.50 per ounce.
How much was 1 gram of 24k gold in 1974?
On average $5.10 per gram of 24k gold, $4.68 for 22k and $2.99 for 14k.
Calculated from the daily historical series supplied by MetalflowAPI, in US dollars per troy ounce.