Gold Price in 1996
Gold averaged $387.73 per troy ounce in 1996 ($12.47 per gram), trading between $368.30 and $416.25. Over the year it lost 4.5%, from $387.10 to $369.55.
Compared with the 1996 average, the latest close of $4,206.42 is higher by 985%.
Average
$387.73
Open
$387.10
High
$416.25
Low
$368.30
Average price per gram by karat in 1996
| Karat | Per gram | Per 10 g |
|---|---|---|
| 24k | $12.45 | $124.53 |
| 22k | $11.42 | $114.19 |
| 18k | $9.35 | $93.49 |
| 14k | $7.29 | $72.93 |
| 10k | $5.20 | $51.98 |
Frequently asked questions
What was the average gold price in 1996?
The average gold price in 1996 was $387.73 per troy ounce, or $12.47 per gram.
What was the highest gold price in 1996?
Gold reached a high of $416.25 per ounce in 1996, and a low of $368.30.
Did gold go up or down in 1996?
Gold fell 4.5% in 1996, from $387.10 to $369.55 per ounce.
How much was 1 gram of 24k gold in 1996?
On average $12.47 per gram of 24k gold, $11.42 for 22k and $7.29 for 14k.
Calculated from the daily historical series supplied by MetalflowAPI, in US dollars per troy ounce.