1979 Gold Price in Today's Dollars
Amount
$
From
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In 1979, the average price of gold was $307.01 per troy ounce.
This is equivalent to $1,391.05 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 1979 gold price of $307.01 would be worth over time, compared to the actual price from that year.
Year | Inflation-adjusted | Actual |
---|---|---|
2023 | $1,346 | $1,943 |
2022 | $1,264 | $1,802 |
2021 | $1,181 | $1,799 |
2020 | $1,165 | $1,774 |
2019 | $1,139 | $1,393 |
2018 | $1,118 | $1,269 |
2017 | $1,095 | $1,260 |
2016 | $1,073 | $1,252 |
2015 | $1,065 | $1,159 |
2014 | $1,057 | $1,266 |
2013 | $1,041 | $1,410 |
2012 | $1,023 | $1,669 |
2011 | $994 | $1,573 |
2010 | $979 | $1,227 |
2009 | $953 | $974 |
2008 | $952 | $872 |
2007 | $915 | $696 |
2006 | $892 | $604 |
2005 | $863 | $445 |
2004 | $836 | $410 |
2003 | $820 | $364 |
2002 | $801 | $310 |
2001 | $789 | $271 |
2000 | $763 | $279 |
1999 | $743 | $279 |
1998 | $731 | $294 |
1997 | $719 | $331 |
1996 | $696 | $388 |
1995 | $679 | $384 |
1994 | $661 | $384 |
1993 | $643 | $360 |
1992 | $625 | $344 |
1991 | $607 | $362 |
1990 | $572 | $384 |
1989 | $546 | $381 |
1988 | $523 | $437 |
1987 | $501 | $447 |
1986 | $496 | $368 |
1985 | $478 | $317 |
1984 | $459 | $361 |
1983 | $443 | $424 |
1982 | $426 | $376 |
1981 | $391 | $459 |
1980 | $348 | $615 |
1979 | $307 | $307 |