Commodity Origins

Gold price history, 1960 to 2026

London PM fix averaged $4,319/troy oz in September 2026, +18% over twelve months and +225% over ten years. The nominal all-time high was $5,020/troy oz in February 2026; in 2024 dollars the real peak was $4,809/troy oz in February 2026. Monthly averages, World Bank Pink Sheet.

Converted from USD at the latest available monthly average rate (Federal Reserve via FRED); the chart and tables below stay in USD.

Gold monthly prices, $/troy oz, Jan 1960 to Sep 2026Line chart of gold monthly prices in $/troy oz from Jan 1960 to Sep 2026: London PM fix from 35 to 4,319, peaking at 5,020.01,0002,0003,0004,0005,00019601965197019751980198519901995200020052010201520202025$/troy ozOPEC oil embargo, Oct 1973 (Embargo announced 17 October 1973, following the Yom Kippur War (6 October 1973))Iranian Revolution, Jan 1979 (Shah of Iran deposed, 16 January 1979)Iraq invades Kuwait, Aug 1990 (2 August 1990)Asian financial crisis begins, Jul 1997 (Thailand floats the baht, 2 July 1997)September 11 attacks, Sep 2001 (11 September 2001)Lehman Brothers collapse, Sep 2008 (NBER Business Cycle Dating Committee, US recession December 2007–June 2009)Fukushima Daiichi nuclear accident, Mar 2011 (11 March 2011)OPEC holds output steady amid oversupply, Nov 2014 (OPEC 166th Meeting, 27 November 2014)COVID-19 declared a pandemic, Mar 2020 (World Health Organization, 11 March 2020)Russia invades Ukraine, Feb 2022 (24 February 2022)Israel-Hamas war begins, Oct 2023 (7 October 2023)
London PM fix

Dashed lines: OPEC oil embargo (Oct 1973); Iranian Revolution (Jan 1979); Iraq invades Kuwait (Aug 1990); Asian financial crisis begins (Jul 1997); September 11 attacks (Sep 2001); Lehman Brothers collapse (Sep 2008); Fukushima Daiichi nuclear accident (Mar 2011); OPEC holds output steady amid oversupply (Nov 2014); COVID-19 declared a pandemic (Mar 2020); Russia invades Ukraine (Feb 2022); Israel-Hamas war begins (Oct 2023). Hover a line for the source of its date.

Derived price statistics per series
SeriesLatest1 month12 months5 years10 years20 yearsAll-time high (nominal)All-time high (real, 2024 US$)
London PM fix
$/troy oz, since 1960		4,319
September 2026		-2%+18%+143%+225%+622%5,020
February 2026		4,809
February 2026

Percentage changes compare the latest monthly average with the monthly average 1, 12, 60, 120 and 240 months earlier. Real prices deflate by the US consumer price index (BLS via FRED) to 2024 dollars.

Source: World Bank Pink Sheet, 2026-10-02, fetched 6 October 2026 (CC BY 4.0).

Prices are monthly benchmark averages that may lag the market; informational only, not investment, legal or trade advice. For what these benchmarks mean and how they are set, see how gold is priced.

Monthly gold prices by decade

Choose a decade. Values are monthly averages in the unit shown; blank cells mean no quote was published.

London PM fix ($/troy oz)

London PM fix monthly prices, 2020s, $/troy oz
YearJanFebMarAprMayJunJulAugSepOctNovDecAverage
20201,5611,5971,5921,6831,7161,7321,8471,9691,9221,9001,8661,8581,770
20211,8671,8081,7181,7601,8501,8351,8081,7851,7751,7771,8221,7901,800
20221,8161,8561,9481,9371,8491,8371,7331,7651,6811,6641,7251,7981,801
20231,8981,8551,9132,0001,9921,9431,9511,9191,9161,9161,9842,0261,943
20242,0342,0232,1582,3312,3512,3262,3982,4702,5712,6902,6512,6482,388
20252,7102,8952,9833,2183,3093,3533,3403,3683,6684,0584,0874,3093,442
20264,7535,0204,8564,7214,5874,2284,0734,4114,3194,552

Method

Nominal prices are the source's monthly averages in US dollars, stored in the source's unit and never mixed on one chart. Real prices divide each month by the US consumer price index for all urban consumers (BLS series CPIAUCSL, via FRED) and multiply by the 2024 average, so they read as "2024 dollars". Changes are ratios of monthly averages. The all-time high is the highest monthly average, not an intraday peak.

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Cite as: Commodity Origins, "Gold price history (1960–2026)", https://commodityorigins.com/prices/gold/, data 2026-10-02. Data updated 22 October 2026.