Gold Prices - 100 Year Historical Chart
macrotrends.net
Gold Prices - 100 Year Historical Chart
Interactive chart of historical data for real (inflation-adjusted) gold prices per ounce back to 1915. The series is deflated using the headline Consumer Price Index (CPI) with the most recent month as the base. The current month is updated on an hourly basis with today's latest value.
Jan 1, 2009
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Prices during the gold standard were insane - because they didn’t go up! For 100 years (1800-1900) the prices of things did not change. People could actually save in US dollars and know their money would NOT lose value over time (Since it was backed by gold). This made financial planning significantly easier since you knew your purchasing power would be the same, or even improve! Once we unbacked our money to gold, prices now always go up, we have more boom and bust cycles, and it forces everyon
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