Gold Price in 1985

In 1985, the LBMA gold price rose 6.6% — from $307 at the start of the year to $327 by year-end. It reached a high of $333 in August and a low of $288 in February, averaging $320 for the year.

1985 gold price summary

CurrencyOpen (Jan)HighLowClose (Dec)Average
USD $307 $333 (August) $288 (February) $327 $320
GBP £271 £271 (January) £218 (November) £227 £243

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

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