Gold Price in the 1960s
YEARS THE PRICE DID NOT MOVE, US DOLLARS PER TROY OUNCE.
The gold price did not change within any of these years: every month of 1960, 1961, 1962, 1963, 1964, 1965, 1966 and 1967 has the same monthly average. In these years the United States held the official price of gold at $35 per troy ounce, so the monthly average did not move. A market price set by trading began after the United States ended dollar-to-gold exchange in 1971.
Gold price in 1960, 1961, 1962, 1963, 1964, 1965, 1966 and 1967
| Year | Price per oz | In 2025 dollars |
|---|---|---|
| 1960 | $35.00 | $381 |
| 1961 | $35.00 | $377 |
| 1962 | $35.00 | $373 |
| 1963 | $35.00 | $368 |
| 1964 | $35.00 | $363 |
| 1965 | $35.00 | $358 |
| 1966 | $35.00 | $348 |
| 1967 | $35.00 | $337 |
Inflation data: U.S. Bureau of Labor Statistics, CPI-U all items, U.S. city average (series CUUR0000SA0), annual average. The adjustment reflects general consumer prices only.
Gold price in other years
Quick answers
What was the price of gold in 1960, 1961, 1962, 1963, 1964, 1965, 1966 and 1967?
1960: $35.00. 1961: $35.00. 1962: $35.00. 1963: $35.00. 1964: $35.00. 1965: $35.00. 1966: $35.00. 1967: $35.00 per troy ounce. The monthly average was the same in every month of each of those years.
Why did the gold price not change in the 1960s?
In these years the United States held the official price of gold at $35 per troy ounce, so the monthly average did not move. A market price set by trading began after the United States ended dollar-to-gold exchange in 1971.
What are these prices in today's dollars?
Using the U.S. consumer price index (CPI-U), $35.00 in 1960 equals about $381 in 2025 dollars. This only adjusts for general consumer prices.
Where does this data come from?
Monthly averages are from the World Bank Commodity Price Data (the Pink Sheet), published under CC BY 4.0.
Source: The World Bank, Commodity Price Data (The Pink Sheet), October 2026 release, CC BY 4.0. Historical prices are for information, not a quote.