Gold Price in 1988
In 1988, the LBMA gold price fell 10.4% — from $458 at the start of the year to $410 by year-end. It reached a high of $458 in January and a low of $397 in September, averaging $432 for the year.
1988 gold price summary
| Currency | Open (Jan) | High | Low | Close (Dec) | Average |
|---|---|---|---|---|---|
| USD | $458 | $458 (January) | $397 (September) | $410 | $432 |
| GBP | £259 | £259 (January) | £228 (November) | £229 | £243 |
Prices are the LBMA London fix per troy ounce, monthly close. EUR begins 1999.
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