1983 Gold Price in Today's Dollars
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In 1983, the average price of gold was $423.71 per troy ounce.
This is equivalent to $1,331.67 in 2024 dollars.
Note: We determine the value of a dollar using the Consumer Price Index from December of the previous year.
Has the price of gold increased faster than inflation?
Here's how much the 1983 gold price of $423.71 would be worth over time, compared to the actual price from that year.
Year | Inflation-adjusted | Actual |
---|---|---|
2023 | $1,288 | $1,943 |
2022 | $1,210 | $1,802 |
2021 | $1,131 | $1,799 |
2020 | $1,116 | $1,774 |
2019 | $1,091 | $1,393 |
2018 | $1,070 | $1,269 |
2017 | $1,048 | $1,260 |
2016 | $1,027 | $1,252 |
2015 | $1,019 | $1,159 |
2014 | $1,012 | $1,266 |
2013 | $997 | $1,410 |
2012 | $980 | $1,669 |
2011 | $952 | $1,573 |
2010 | $937 | $1,227 |
2009 | $913 | $974 |
2008 | $912 | $872 |
2007 | $876 | $696 |
2006 | $854 | $604 |
2005 | $826 | $445 |
2004 | $800 | $410 |
2003 | $785 | $364 |
2002 | $767 | $310 |
2001 | $755 | $271 |
2000 | $731 | $279 |
1999 | $712 | $279 |
1998 | $700 | $294 |
1997 | $689 | $331 |
1996 | $666 | $388 |
1995 | $650 | $384 |
1994 | $633 | $384 |
1993 | $616 | $360 |
1992 | $599 | $344 |
1991 | $581 | $362 |
1990 | $547 | $384 |
1989 | $523 | $381 |
1988 | $501 | $437 |
1987 | $480 | $447 |
1986 | $475 | $368 |
1985 | $457 | $317 |
1984 | $440 | $361 |
1983 | $424 | $424 |