Gold Price in 1980
Gold averaged $614.75 per troy ounce in 1980 ($19.76 per gram), trading between $474.00 and $843.00. Over the year it gained 5.5%, from $559.00 to $589.50.
Compared with the 1980 average, the latest close of $4,206.42 is higher by 584%.
Average
$614.75
Open
$559.00
High
$843.00
Low
$474.00
Average price per gram by karat in 1980
| Karat | Per gram | Per 10 g |
|---|---|---|
| 24k | $19.74 | $197.45 |
| 22k | $18.10 | $181.05 |
| 18k | $14.82 | $148.24 |
| 14k | $11.56 | $115.62 |
| 10k | $8.24 | $82.42 |
Frequently asked questions
What was the average gold price in 1980?
The average gold price in 1980 was $614.75 per troy ounce, or $19.76 per gram.
What was the highest gold price in 1980?
Gold reached a high of $843.00 per ounce in 1980, and a low of $474.00.
Did gold go up or down in 1980?
Gold rose 5.5% in 1980, from $559.00 to $589.50 per ounce.
How much was 1 gram of 24k gold in 1980?
On average $19.76 per gram of 24k gold, $18.10 for 22k and $11.56 for 14k.
Calculated from the daily historical series supplied by MetalflowAPI, in US dollars per troy ounce.