Gold Price in 1968
The gold price rose 19.7% in 1968, from $35.00 at the end of 1967 to $41.90. Its highest close was $42.40 on May 21 — a record that stood until January 8, 1969, and its lowest $35.14 on Jan 4. The biggest one-day fall was −2.6% on Jul 9 and the biggest rise +7.1% on Apr 1. Adjusted for inflation, it gained 14.3%.
Gold Price, daily closes 1968
Numbers mark the events belowKey Events in 1968
What happened, and how the Gold moved — on the day (or the next trading day) and about a month later.
- 1
Friday, March 15The London gold market is closed at US request as the London Gold Pool collapses. Source
- 2
Sunday, March 17Gold pool nations meeting in Washington agree a two-tier gold market, separating official and private prices. Source
- 3
Monday, March 18Congress repeals the requirement that US currency be backed by gold reserves. Source
- 4
Monday, April 1 From the dataBiggest one-day rise of the year: +7.1%.
- 5
Tuesday, July 9 From the dataBiggest one-day fall of the year: −2.6%.
Biggest days of 1968
| Best days | Worst days | ||
|---|---|---|---|
| Apr 1 | +7.1% | Jul 9 | −2.6% |
| May 16 | +2.5% | Jul 11 | −2.5% |
| May 20 | +1.9% | May 22 | −2.0% |
| Oct 7 | +1.8% | Jul 17 | −1.9% |
| Jul 19 | +1.8% | Jun 4 | −1.9% |
Volatility: 12.8% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | $35.20 | +0.6% |
| Feb | $35.20 | 0.0% |
| Mar | $35.20 | 0.0% |
| Apr | $39.10 | +11.1% |
| May | $41.95 | +7.3% |
| Jun | $40.90 | −2.5% |
| Jul | $38.85 | −5.0% |
| Aug | $39.80 | +2.4% |
| Sep | $39.60 | −0.5% |
| Oct | $39.00 | −1.5% |
| Nov | $39.85 | +2.2% |
| Dec | $41.90 | +5.1% |
Other Markets in 1968
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| Gold Price | +19.7% | $41.90 |
| Dow Jones Industrial Average in 1968 | +4.3% | 943.75 |
| S&P 500 in 1968 | +7.7% | 103.86 |
| US 10-year Treasury yield in 1968 | +0.46 pp | 6.16% |
Gold Price in 1968: FAQ
How much did the gold price rise in 1968?
The gold price rose 19.7% in 1968, from $35.00 at the end of 1967 to $41.90. Its highest close was $42.40 on May 21 — a record that stood until January 8, 1969, and its lowest $35.14 on Jan 4. The biggest one-day fall was −2.6% on Jul 9 and the biggest rise +7.1% on Apr 1. Adjusted for inflation, it gained 14.3%.
What were the highest and lowest closes of the gold price in 1968?
Highest: $42.40 on May 21, 1968. Lowest: $35.14 on January 4, 1968. It closed higher on 115 of 242 trading days.
Data: London PM fix (LBMA) from 1968 to Sep 2017, COMEX gold futures closes after that. Before 1968 the official US price: $20.67 until Oct 1933, $35 from 31 Jan 1934. Inflation: US CPI-U. Events marked "From the data" are found automatically from the closing prices; the others are researched, with the source linked. Not investment advice.
Cite this page
For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano2026goldpricein1968, author = {{Corgano}}, title = {Gold Price in 1968}, howpublished = {\url{https://goldprice.corgano.com/market-history/gold/1968}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-11-01}}