Learning Center from Bullion Trading LLC, a licensed New York bullion dealer since 2008Licensed NYC bullion dealer since 2008

Price history · 1983

Gold price in 1983

Among 12 monthly observations available for 1983, the sampled gold price fell 23.4% between 1983-01-31 ($500) and 1983-12-29 ($382). The highest sampled price was $500 in January and the lowest was $382 in October. The mean of these observations was $418. 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 1983 was $509.25 on February 15, 1983; the lowest was $374.25 on November 21, 1983. Daily PM benchmark prices; the chart below uses one observation per month, and intraday highs can be higher.

1983 gold price summary

CurrencyFirst observationHighLowLast observationMean
USD $500 (1983-01-31) $500 (January) $382 (October) $382 (1983-12-29) $418
GBP £327 (1983-01-31) £327 (January) £256 (October) £264 (1983-12-29) £276

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.