1994 Gold Price in Today's Dollars
Amount
$
From
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In 1994, the average price of gold was $384.16 per troy ounce.
This is equivalent to $808.23 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 1994 gold price of $384.16 would be worth over time, compared to the actual price from that year.
Year | Inflation-adjusted | Actual |
---|---|---|
2023 | $782 | $1,943 |
2022 | $735 | $1,802 |
2021 | $686 | $1,799 |
2020 | $677 | $1,774 |
2019 | $662 | $1,393 |
2018 | $650 | $1,269 |
2017 | $636 | $1,260 |
2016 | $623 | $1,252 |
2015 | $619 | $1,159 |
2014 | $614 | $1,266 |
2013 | $605 | $1,410 |
2012 | $595 | $1,669 |
2011 | $578 | $1,573 |
2010 | $569 | $1,227 |
2009 | $554 | $974 |
2008 | $553 | $872 |
2007 | $532 | $696 |
2006 | $519 | $604 |
2005 | $501 | $445 |
2004 | $486 | $410 |
2003 | $477 | $364 |
2002 | $466 | $310 |
2001 | $458 | $271 |
2000 | $443 | $279 |
1999 | $432 | $279 |
1998 | $425 | $294 |
1997 | $418 | $331 |
1996 | $404 | $388 |
1995 | $394 | $384 |
1994 | $384 | $384 |