1978 Gold Price in Today's Dollars
Amount
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In 1978, the average price of gold was $193.57 per troy ounce.
This is equivalent to $956.15 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 1978 gold price of $193.57 would be worth over time, compared to the actual price from that year.
Year | Inflation-adjusted | Actual |
---|---|---|
2023 | $925 | $1,943 |
2022 | $869 | $1,802 |
2021 | $812 | $1,799 |
2020 | $801 | $1,774 |
2019 | $783 | $1,393 |
2018 | $768 | $1,269 |
2017 | $753 | $1,260 |
2016 | $737 | $1,252 |
2015 | $732 | $1,159 |
2014 | $726 | $1,266 |
2013 | $716 | $1,410 |
2012 | $703 | $1,669 |
2011 | $683 | $1,573 |
2010 | $673 | $1,227 |
2009 | $655 | $974 |
2008 | $655 | $872 |
2007 | $629 | $696 |
2006 | $613 | $604 |
2005 | $593 | $445 |
2004 | $574 | $410 |
2003 | $564 | $364 |
2002 | $551 | $310 |
2001 | $542 | $271 |
2000 | $525 | $279 |
1999 | $511 | $279 |
1998 | $503 | $294 |
1997 | $494 | $331 |
1996 | $478 | $388 |
1995 | $467 | $384 |
1994 | $454 | $384 |
1993 | $442 | $360 |
1992 | $430 | $344 |
1991 | $417 | $362 |
1990 | $393 | $384 |
1989 | $376 | $381 |
1988 | $360 | $437 |
1987 | $344 | $447 |
1986 | $341 | $368 |
1985 | $328 | $317 |
1984 | $316 | $361 |
1983 | $304 | $424 |
1982 | $293 | $376 |
1981 | $269 | $459 |
1980 | $239 | $615 |
1979 | $211 | $307 |
1978 | $194 | $194 |