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Price history · 1979

Gold price in 1979

Among 12 monthly observations available for 1979, the sampled gold price rose 119.1% between 1979-01-31 ($234) and 1979-12-28 ($512). The highest sampled price was $512 in December and the lowest was $234 in January. The mean of these observations was $320. This is a first-to-last observation change, not a calendar-year return.

Data retrieved 2026-11-03 LBMA benchmark through 2026-09-28, then Bullion Trading LLC closes Methodology

The highest daily gold price in 1979 was $512.00 on December 28, 1979; the lowest was $216.85 on January 15, 1979. Daily PM benchmark prices; the chart below uses one observation per month, and intraday highs can be higher.

1979 gold price summary

CurrencyFirst observationHighLowLast observationMean
USD $234 (1979-01-31) $512 (December) $234 (January) $512 (1979-12-28) $320
GBP £117 (1979-01-31) £229 (December) £116 (March) £229 (1979-12-28) £149

One observation per month, per troy ounce: computed from the monthly series, not daily highs, lows or a daily average. The current year may be incomplete. EUR begins 1999.

For today's gold price, see the live spot price page and today's market news, or shop gold bullion at Bullion Trading LLC. Buying? See premiums over spot and current deals. Selling? See what we pay today.

Sources: LBMA precious metal prices through 2026-09-28 (shown as charts, summaries only; we don't publish daily LBMA price tables); Bullion Trading LLC weekday spot closes afterward. Latest observation for this metal: 2026-11-03; the current month is provisional. Prepared by the Bullion Trading LLC editorial team.