2020 Gold Price in Today's Dollars
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In 2020, the average price of gold was $1,773.73 per troy ounce.
This is equivalent to $2,117.27 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 2020 gold price of $1,773.73 would be worth over time, compared to the actual price from that year.
Year | Inflation-adjusted | Actual |
---|---|---|
2023 | $2,049 | $1,943 |
2022 | $1,924 | $1,802 |
2021 | $1,798 | $1,799 |
2020 | $1,774 | $1,774 |