Gold Price in 1970
In 1970, the LBMA gold price rose 6.8% — from $34.99 at the start of the year to $37.38 by year-end. It reached a high of $37.54 in November and a low of $34.99 in January, averaging $35.98 for the year.
1970 gold price summary
| Currency | Open (Jan) | High | Low | Close (Dec) | Average |
|---|---|---|---|---|---|
| USD | $34.99 | $37.54 (November) | $34.99 (January) | $37.38 | $35.98 |
| GBP | £14.57 | £15.72 (November) | £14.55 (February) | £15.62 | £15.02 |
Prices are the LBMA London fix per troy ounce, monthly close. EUR begins 1999.
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