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Gold price in 1908

Updated: 9/27/2023
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14y ago

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US$18.95/oz - note: this was somewhat below the US Government's fixed purchase price of just over US$20/oz of the time. The price is not that relevant to compare to today's gold price environment as at the time, the US Government (and other governments) fixed the value of the exchange rate of their currencies into gold. Such regulation was disbanded in 1968 when gold became free to set its own price against the US dollar in trade. try this site its useful

http://gold-price-blog.info/

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