History
Gold Price History
Long-term gold spot price in US dollars per troy ounce. Gold has trended higher over decades as a hedge against currency debasement and crisis.
First
$35.18
1968-01-02
Latest
$4,539.78
2026-05-31
All-time low
$34.78
1970-01-16
All-time high
$5,529.90
2026-01-28
Key Milestones
- 1971End of the gold standard. Gold trades around $35/oz before being released to float freely.
- 1980First major peak at $850/oz amid oil crisis and double-digit inflation.
- 2008Global financial crisis — gold breaks $1,000/oz for the first time.
- 2011Post-crisis peak at $1,920/oz as central banks ease aggressively.
- 2020COVID-19 pandemic pushes gold above $2,000/oz for the first time.
- 2024Gold sets new all-time highs above $2,700/oz on geopolitical tension and rate-cut expectations.