1997 Gold Price in Today's Dollars
Amount
$
From
To
In 1997, the average price of gold was $331.00 per troy ounce.
This is equivalent to $640.18 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 1997 gold price of $331.00 would be worth over time, compared to the actual price from that year.
Year | Inflation-adjusted | Actual |
---|---|---|
2023 | $619 | $1,943 |
2022 | $582 | $1,802 |
2021 | $544 | $1,799 |
2020 | $536 | $1,774 |
2019 | $524 | $1,393 |
2018 | $514 | $1,269 |
2017 | $504 | $1,260 |
2016 | $494 | $1,252 |
2015 | $490 | $1,159 |
2014 | $486 | $1,266 |
2013 | $479 | $1,410 |
2012 | $471 | $1,669 |
2011 | $457 | $1,573 |
2010 | $451 | $1,227 |
2009 | $439 | $974 |
2008 | $438 | $872 |
2007 | $421 | $696 |
2006 | $411 | $604 |
2005 | $397 | $445 |
2004 | $385 | $410 |
2003 | $378 | $364 |
2002 | $369 | $310 |
2001 | $363 | $271 |
2000 | $351 | $279 |
1999 | $342 | $279 |
1998 | $337 | $294 |
1997 | $331 | $331 |