1989 Gold Price in Today's Dollars
Amount
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In 1989, the average price of gold was $381.27 per troy ounce.
This is equivalent to $970.56 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 1989 gold price of $381.27 would be worth over time, compared to the actual price from that year.
Year | Inflation-adjusted | Actual |
---|---|---|
2023 | $939 | $1,943 |
2022 | $882 | $1,802 |
2021 | $824 | $1,799 |
2020 | $813 | $1,774 |
2019 | $795 | $1,393 |
2018 | $780 | $1,269 |
2017 | $764 | $1,260 |
2016 | $748 | $1,252 |
2015 | $743 | $1,159 |
2014 | $737 | $1,266 |
2013 | $726 | $1,410 |
2012 | $714 | $1,669 |
2011 | $693 | $1,573 |
2010 | $683 | $1,227 |
2009 | $665 | $974 |
2008 | $665 | $872 |
2007 | $639 | $696 |
2006 | $623 | $604 |
2005 | $602 | $445 |
2004 | $583 | $410 |
2003 | $572 | $364 |
2002 | $559 | $310 |
2001 | $551 | $271 |
2000 | $533 | $279 |
1999 | $519 | $279 |
1998 | $510 | $294 |
1997 | $502 | $331 |
1996 | $486 | $388 |
1995 | $474 | $384 |
1994 | $461 | $384 |
1993 | $449 | $360 |
1992 | $436 | $344 |
1991 | $423 | $362 |
1990 | $399 | $384 |
1989 | $381 | $381 |