Gold Price in 1997
Gold averaged $331.00 per troy ounce in 1997 ($10.64 per gram), trading between $283.05 and $367.80. Over the year it lost 21.4%, from $367.80 to $289.20.
Compared with the 1997 average, the latest close of $4,206.42 is higher by 1171%.
Average
$331.00
Open
$367.80
High
$367.80
Low
$283.05
Average price per gram by karat in 1997
| Karat | Per gram | Per 10 g |
|---|---|---|
| 24k | $10.63 | $106.31 |
| 22k | $9.75 | $97.48 |
| 18k | $7.98 | $79.81 |
| 14k | $6.23 | $62.25 |
| 10k | $4.44 | $44.38 |
Frequently asked questions
What was the average gold price in 1997?
The average gold price in 1997 was $331.00 per troy ounce, or $10.64 per gram.
What was the highest gold price in 1997?
Gold reached a high of $367.80 per ounce in 1997, and a low of $283.05.
Did gold go up or down in 1997?
Gold fell 21.4% in 1997, from $367.80 to $289.20 per ounce.
How much was 1 gram of 24k gold in 1997?
On average $10.64 per gram of 24k gold, $9.75 for 22k and $6.23 for 14k.
Calculated from the daily historical series supplied by MetalflowAPI, in US dollars per troy ounce.