1987 Gold Price in Today's Dollars
Amount
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In 1987, the average price of gold was $446.84 per troy ounce.
This is equivalent to $1,240.42 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 1987 gold price of $446.84 would be worth over time, compared to the actual price from that year.
Year | Inflation-adjusted | Actual |
---|---|---|
2023 | $1,200 | $1,943 |
2022 | $1,127 | $1,802 |
2021 | $1,053 | $1,799 |
2020 | $1,039 | $1,774 |
2019 | $1,016 | $1,393 |
2018 | $997 | $1,269 |
2017 | $976 | $1,260 |
2016 | $956 | $1,252 |
2015 | $950 | $1,159 |
2014 | $942 | $1,266 |
2013 | $928 | $1,410 |
2012 | $913 | $1,669 |
2011 | $886 | $1,573 |
2010 | $873 | $1,227 |
2009 | $850 | $974 |
2008 | $849 | $872 |
2007 | $816 | $696 |
2006 | $796 | $604 |
2005 | $770 | $445 |
2004 | $745 | $410 |
2003 | $732 | $364 |
2002 | $715 | $310 |
2001 | $704 | $271 |
2000 | $681 | $279 |
1999 | $663 | $279 |
1998 | $652 | $294 |
1997 | $641 | $331 |
1996 | $621 | $388 |
1995 | $605 | $384 |
1994 | $590 | $384 |
1993 | $574 | $360 |
1992 | $558 | $344 |
1991 | $541 | $362 |
1990 | $510 | $384 |
1989 | $487 | $381 |
1988 | $467 | $437 |
1987 | $447 | $447 |