How much does gold cost per ounce?

Starting at $19.75 per troy ounce, raised to $20.67 in 1834, and $35 in 1934. In 1972, the price was raised to $38 and then to $42.22 in 1973. A two-tiered pricing system was created in 1968, and the market price for gold has been free to fluctuate since then as the table below shows. 1,224.53 1,571.52 1,668.98 1,411.23 1,266.40 1,160.60

How can I view historical gold prices?

The chart at the top of the page allows you to view historical gold prices going back over 40 years. You can view these gold prices in varying currencies as well, seeing how it has performed over a long period of time. Depending on the currencies being used, you may find a better long term value.

How much did gold cost in 1792?

The only exception was during the Napoleonic wars from 1797 to 1821. The official U.S. Government gold price has changed only four times from 1792 to the present. Starting at $19.75 per troy ounce, raised to $20.67 in 1834, and $35 in 1934. In 1972, the price was raised to $38 and then to $42.22 in 1973.

How long did the price of gold last?

The price of gold remained remarkably stable for long periods of time. For example, Sir Isaac Newton, as master of the U.K. Mint, set the gold price at L3.17s. 10d. per troy ounce in 1717, and it remained effectively the same for two hundred years until 1914. The only exception was during the Napoleonic wars from 1797 to 1821.