Gold Price in 1994
In 1994, the LBMA gold price rose 1.4% — from $378 at the start of the year to $383 by year-end. It reached a high of $395 in September and a low of $376 in April, averaging $385 for the year.
1994 gold price summary
| Currency | Open (Jan) | High | Low | Close (Dec) | Average |
|---|---|---|---|---|---|
| USD | $378 | $395 (September) | $376 (April) | $383 | $385 |
| GBP | £252 | £262 (March) | £236 (October) | £246 | £250 |
Prices are the LBMA London fix per troy ounce, monthly close. EUR begins 1999.
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