The average gold price ranges from $1.810 to $1.700. Later in the year the bank expects gold to raise up to the $1.800 mark before the end of the year.
The average price for a troy ounce of gold in 1920 was $20.68
The average price for a troy ounce of gold in 2001 was $271.04
The average price for a troy ounce of gold in 1914 was $18.99
The average price per troy ounce of gold in 2006 was $603.46
The current price of gold is $1321.30 per ounce. In 2013, the average price for an ounce of gold was $1204.50.
The average price per ounce of gold on Sept-11- 2000 was $273.00
The average price of gold in the year 1850 was $18.93 per ounce. In 1859, the price was the same. It did not change much until after the turn of the 20th century.
The average price per troy ounce of gold in 1962 was $35.23
In 1955, the average price of gold was approximately $35 per ounce. This price was largely influenced by the Gold Reserve Act of 1934, which fixed the price of gold at this level. The price remained stable due to the Bretton Woods system, which pegged the value of currencies to gold.
The average price per troy ounce of gold in 1928 was $20.66
The average price per troy ounce of gold in 1994 was $384.00
The average price per troy ounce of gold in 1938 was $34.85