Gold Price in 1983
Gold averaged $423.71 per troy ounce in 1983 ($13.62 per gram), trading between $374.75 and $511.50. Over the year it lost 15.7%, from $452.75 to $381.50.
Compared with the 1983 average, the latest close of $4,206.42 is higher by 893%.
Average
$423.71
Open
$452.75
High
$511.50
Low
$374.75
Average price per gram by karat in 1983
| Karat | Per gram | Per 10 g |
|---|---|---|
| 24k | $13.61 | $136.09 |
| 22k | $12.48 | $124.78 |
| 18k | $10.22 | $102.17 |
| 14k | $7.97 | $79.69 |
| 10k | $5.68 | $56.81 |
Frequently asked questions
What was the average gold price in 1983?
The average gold price in 1983 was $423.71 per troy ounce, or $13.62 per gram.
What was the highest gold price in 1983?
Gold reached a high of $511.50 per ounce in 1983, and a low of $374.75.
Did gold go up or down in 1983?
Gold fell 15.7% in 1983, from $452.75 to $381.50 per ounce.
How much was 1 gram of 24k gold in 1983?
On average $13.62 per gram of 24k gold, $12.48 for 22k and $7.97 for 14k.
Calculated from the daily historical series supplied by MetalflowAPI, in US dollars per troy ounce.