Gold Price in 1979
In 1979, the LBMA gold price rose 119.1% — from $234 at the start of the year to $512 by year-end. It reached a high of $512 in December and a low of $234 in January, averaging $320 for the year.
1979 gold price summary
| Currency | Open (Jan) | High | Low | Close (Dec) | Average |
|---|---|---|---|---|---|
| USD | $234 | $512 (December) | $234 (January) | $512 | $320 |
| GBP | £117 | £229 (December) | £116 (March) | £229 | £149 |
Prices are the LBMA London fix per troy ounce, monthly close. EUR begins 1999.
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