Gold Price in 1980

In 1980, the LBMA gold price fell 9.7% — from $653 at the start of the year to $590 by year-end. It reached a high of $667 in September and a low of $495 in March, averaging $604 for the year.

1980 gold price summary

CurrencyOpen (Jan)HighLowClose (Dec)Average
USD $653 $667 (September) $495 (March) $590 $604
GBP £288 £288 (January) £228 (March) £246 £259

Prices are the LBMA London fix per troy ounce, monthly close. EUR begins 1999.

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