answersLogoWhite

0

Gold is very valuable so in 1850 the price was $550.00.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

Why the price of gold has changed since 1850?

the reason that the price of gold has changed so much from the 1850's is: so many people have had sex so the government have decided something!!


What was the price of one ounce of gold in 1850?

In 1850, the price of one ounce of gold was approximately $20.67. This value was established under the Coinage Act of 1834, which set the official price of gold. However, market prices could fluctuate due to various factors, including supply and demand. Adjusted for inflation, this price would be significantly lower in today's dollars.


What was gold worth in the 1850s?

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.


How much did a Oz of gold cost in the 1850?

In the 1850s, the price of gold fluctuated significantly, but it generally ranged from about $18 to $35 per ounce. This period coincided with the California Gold Rush, which increased gold supply and influenced its market value. The U.S. government set the official price of gold at $20.67 per ounce in 1834, which remained stable until 1933.


What was the Price of gold in 1969?

price of gold in 1969


Was an 1850 1.00 California Gold coin struck?

Yes,


What is an international gold price?

INTERNATIONAL GOLD PRICE MEANS, THE CURRENT PRICE OF GOLD IN THOSE RESPECTIVE COUNTRIES. try this site its useful http://gold-price-blog.info/


Who discovered gold in Australia in the river in 1850?

No-one is recorded as having discovered gold in the river in Australia in 1850. However, Edward Hargraves discovered gold in Summerhill Creek near Ophir in 1851, and this sparked the Australian goldrush.


What is the difference between gold spot price and gold wholesale price?

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.


What is the price for gold?

The current price of gold is $1321.30 per ounce. In 2013, the average price for an ounce of gold was $1204.50.


What is the current gold price of today?

Gold price changes from day to day so there is no fixed price for gold and for present the current price of gold in market is 1359.50 US dollars.And the same gold price in india is nearly equal to 27000.


When was the Melbourne gold rush?

the Melbourne gold rush took place int he early 1850's