Gold Price in 1997
In 1997, the LBMA gold price fell 16.0% — from $346 at the start of the year to $290 by year-end. It reached a high of $359 in February and a low of $290 in December, averaging $330 for the year.
1997 gold price summary
| Currency | Open (Jan) | High | Low | Close (Dec) | Average |
|---|---|---|---|---|---|
| USD | $346 | $359 (February) | $290 (December) | $290 | $330 |
| GBP | £216 | £220 (February) | £175 (December) | £175 | £201 |
Prices are the LBMA London fix per troy ounce, monthly close. EUR begins 1999.
See today's live gold price on the Bullion Trading LLC spot dashboard, or shop gold bullion at live, spot-based prices.