Gold Price in 1985
Gold averaged $317.42 per troy ounce in 1985 ($10.21 per gram), trading between $285.00 and $339.30. Over the year it gained 6.8%, from $306.25 to $327.00.
Compared with the 1985 average, the latest close of $4,206.42 is higher by 1225%.
Average
$317.42
Open
$306.25
High
$339.30
Low
$285.00
Average price per gram by karat in 1985
| Karat | Per gram | Per 10 g |
|---|---|---|
| 24k | $10.20 | $101.95 |
| 22k | $9.35 | $93.48 |
| 18k | $7.65 | $76.54 |
| 14k | $5.97 | $59.70 |
| 10k | $4.26 | $42.56 |
Frequently asked questions
What was the average gold price in 1985?
The average gold price in 1985 was $317.42 per troy ounce, or $10.21 per gram.
What was the highest gold price in 1985?
Gold reached a high of $339.30 per ounce in 1985, and a low of $285.00.
Did gold go up or down in 1985?
Gold rose 6.8% in 1985, from $306.25 to $327.00 per ounce.
How much was 1 gram of 24k gold in 1985?
On average $10.21 per gram of 24k gold, $9.35 for 22k and $5.97 for 14k.
Calculated from the daily historical series supplied by MetalflowAPI, in US dollars per troy ounce.