According to the Bloomberg terminal, the spot price of gold was just below 35$/per ounce at 1950.
The average price per troy ounce of gold in 1971 was $40.62
The average price per troy ounce of gold in 1909 was $18.96
The average price per troy ounce of gold in 1848 was $18.93
Yesterday's gold price in Mumbai priced in rupees was Rs 28,220 for 10 grams of 24 carat gold. Based on current exchange rates, the comparable price in US dollars was $468.21.
The price of gold varies all the time. The price per gram for different countries and dollar amount is shown at the link below.
Average price per ounce of gold in 1950 was $40.25
average gold value in 1950 $40.25oz
Gold Strike - 1950 was released on: USA: 30 March 1950
The Price of gas in 1950 was $0.27, or $2.44 in today's dollars.
One way to work this out would be to find out the price in 1950 of gold/silver, work out how much Gold £40,000 would have bought back then and then apply today's gold prices to arrive at the answer. In 1950 the average price of a troy ounce was $34.72. The GBP/USD exchange rate was roughly .42p to $1 so £40,000 was equivalent to $95,238. This would have bought ~2743 troy ounces. At today's gold price ($1245) this would be equivalent to $3,415,072 or £2,276,714. Obviously these are not exact but should be more or less correct.
price of gold in 1969
what was the price of a cheesburger in 1950
The price was five cents.
The price would have been, on average for the decade of the 1950's, 12.2% of the average price today.
INTERNATIONAL GOLD PRICE MEANS, THE CURRENT PRICE OF GOLD IN THOSE RESPECTIVE COUNTRIES. try this site its useful http://gold-price-blog.info/
The current price of gold is $1321.30 per ounce. In 2013, the average price for an ounce of gold was $1204.50.
The gold spot price refers to the current market price of gold for immediate delivery, while the gold wholesale price includes bulk transactions, discounts, and additional costs for handling and distribution.