1971 Gold Price in Today's Dollars

Amount
$
From
To
$285.81
Adjusted for inflation, $40.80 in 1971 is equal to $285.81 in 2022.
Annual inflation over this period was 3.89%.

In January 1971, gold was worth $40.80 per troy ounce.

This is equivalent to $285.81 in 2022 dollars.

Note: We determine the value of a dollar using the Consumer Price Index from December of the previous year.

More Inflation Items

Has the price of gold increased faster than inflation?

Here's how much the 1971 gold price of $40.80 would be worth over time, compared to the actual price from that year.

Year Inflation-adjusted Actual
2021 $267 $1,799
2020 $263 $1,774
2019 $258 $1,393
2018 $253 $1,269
2017 $247 $1,260
2016 $242 $1,252
2015 $241 $1,159
2014 $239 $1,266
2013 $235 $1,410
2012 $231 $1,669
2011 $225 $1,573
2010 $221 $1,227
2009 $216 $974
2008 $215 $872
2007 $207 $696
2006 $202 $604
2005 $195 $445
2004 $189 $410
2003 $185 $364
2002 $181 $310
2001 $178 $271
2000 $173 $279
1999 $168 $279
1998 $165 $294
1997 $163 $331
1996 $157 $388
1995 $153 $384
1994 $149 $384
1993 $145 $360
1992 $141 $344
1991 $137 $362
1990 $129 $384
1989 $124 $381
1988 $118 $437
1987 $113 $447
1986 $112 $368
1985 $108 $317
1984 $104 $361
1983 $100 $424
1982 $96 $376
1981 $88 $459
1980 $79 $615
1979 $69 $307
1978 $64 $194
1977 $60 $148
1976 $57 $125
1975 $53 $161
1974 $47 $159
1973 $44 $97
1972 $42 $58
1971 $41 $41