Gold Price in 1989
Gold averaged $381.27 per troy ounce in 1989 ($12.26 per gram), trading between $358.10 and $417.15. Over the year it lost 3.0%, from $413.60 to $401.00.
Compared with the 1989 average, the latest close of $4,206.42 is higher by 1003%.
Average
$381.27
Open
$413.60
High
$417.15
Low
$358.10
Average price per gram by karat in 1989
| Karat | Per gram | Per 10 g |
|---|---|---|
| 24k | $12.25 | $122.46 |
| 22k | $11.23 | $112.28 |
| 18k | $9.19 | $91.94 |
| 14k | $7.17 | $71.71 |
| 10k | $5.11 | $51.12 |
Frequently asked questions
What was the average gold price in 1989?
The average gold price in 1989 was $381.27 per troy ounce, or $12.26 per gram.
What was the highest gold price in 1989?
Gold reached a high of $417.15 per ounce in 1989, and a low of $358.10.
Did gold go up or down in 1989?
Gold fell 3.0% in 1989, from $413.60 to $401.00 per ounce.
How much was 1 gram of 24k gold in 1989?
On average $12.26 per gram of 24k gold, $11.23 for 22k and $7.17 for 14k.
Calculated from the daily historical series supplied by MetalflowAPI, in US dollars per troy ounce.