Gold Price in 1996

In 1996, the LBMA gold price fell 9.0% — from $406 at the start of the year to $369 by year-end. It reached a high of $406 in January and a low of $369 in December, averaging $386 for the year.

1996 gold price summary

CurrencyOpen (Jan)HighLowClose (Dec)Average
USD $406 $406 (January) $369 (December) $369 $386
GBP £269 £269 (January) £218 (December) £218 £247

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

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