Gold Price in 1993
Gold averaged $360.05 per troy ounce in 1993 ($11.58 per gram), trading between $326.50 and $406.70. Over the year it gained 18.6%, from $329.40 to $390.65.
Compared with the 1993 average, the latest close of $4,206.42 is higher by 1068%.
Average
$360.05
Open
$329.40
High
$406.70
Low
$326.50
Average price per gram by karat in 1993
| Karat | Per gram | Per 10 g |
|---|---|---|
| 24k | $11.56 | $115.64 |
| 22k | $10.60 | $106.03 |
| 18k | $8.68 | $86.82 |
| 14k | $6.77 | $67.72 |
| 10k | $4.83 | $48.27 |
Frequently asked questions
What was the average gold price in 1993?
The average gold price in 1993 was $360.05 per troy ounce, or $11.58 per gram.
What was the highest gold price in 1993?
Gold reached a high of $406.70 per ounce in 1993, and a low of $326.50.
Did gold go up or down in 1993?
Gold rose 18.6% in 1993, from $329.40 to $390.65 per ounce.
How much was 1 gram of 24k gold in 1993?
On average $11.58 per gram of 24k gold, $10.60 for 22k and $6.77 for 14k.
Calculated from the daily historical series supplied by MetalflowAPI, in US dollars per troy ounce.