Gold Price in 1979
Gold averaged $307.01 per troy ounce in 1979 ($9.87 per gram), trading between $216.55 and $524.00. Over the year it gained 130.7%, from $227.15 to $524.00.
Compared with the 1979 average, the latest close of $4,206.42 is higher by 1270%.
Average
$307.01
Open
$227.15
High
$524.00
Low
$216.55
Average price per gram by karat in 1979
| Karat | Per gram | Per 10 g |
|---|---|---|
| 24k | $9.86 | $98.61 |
| 22k | $9.04 | $90.41 |
| 18k | $7.40 | $74.03 |
| 14k | $5.77 | $57.74 |
| 10k | $4.12 | $41.16 |
Frequently asked questions
What was the average gold price in 1979?
The average gold price in 1979 was $307.01 per troy ounce, or $9.87 per gram.
What was the highest gold price in 1979?
Gold reached a high of $524.00 per ounce in 1979, and a low of $216.55.
Did gold go up or down in 1979?
Gold rose 130.7% in 1979, from $227.15 to $524.00 per ounce.
How much was 1 gram of 24k gold in 1979?
On average $9.87 per gram of 24k gold, $9.04 for 22k and $5.77 for 14k.
Calculated from the daily historical series supplied by MetalflowAPI, in US dollars per troy ounce.