Gold Price in 1989
In 1989, the LBMA gold price rose 1.2% — from $394 at the start of the year to $399 by year-end. It reached a high of $408 in November and a low of $360 in August, averaging $379 for the year.
1989 gold price summary
| Currency | Open (Jan) | High | Low | Close (Dec) | Average |
|---|---|---|---|---|---|
| USD | $394 | $408 (November) | $360 (August) | $399 | $379 |
| GBP | £224 | £260 (November) | £221 (July) | £248 | £232 |
Prices are the LBMA London fix per troy ounce, monthly close. EUR begins 1999.
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