1996 Gold Price in Today's Dollars
Amount
$
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In 1996, the average price of gold was $387.73 per troy ounce.
This is equivalent to $774.82 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 1996 gold price of $387.73 would be worth over time, compared to the actual price from that year.
Year | Inflation-adjusted | Actual |
---|---|---|
2023 | $750 | $1,943 |
2022 | $704 | $1,802 |
2021 | $658 | $1,799 |
2020 | $649 | $1,774 |
2019 | $635 | $1,393 |
2018 | $623 | $1,269 |
2017 | $610 | $1,260 |
2016 | $597 | $1,252 |
2015 | $593 | $1,159 |
2014 | $589 | $1,266 |
2013 | $580 | $1,410 |
2012 | $570 | $1,669 |
2011 | $554 | $1,573 |
2010 | $545 | $1,227 |
2009 | $531 | $974 |
2008 | $531 | $872 |
2007 | $510 | $696 |
2006 | $497 | $604 |
2005 | $481 | $445 |
2004 | $466 | $410 |
2003 | $457 | $364 |
2002 | $446 | $310 |
2001 | $440 | $271 |
2000 | $425 | $279 |
1999 | $414 | $279 |
1998 | $407 | $294 |
1997 | $401 | $331 |
1996 | $388 | $388 |