Gold Price in 1975
The gold price fell 24.8% in 1975, from $186.50 at the end of 1974 to $140.25. Its highest close was $185.25 on Feb 24, and its lowest $128.75 on Sep 23. The biggest one-day fall was −6.2% on Jan 2 and the biggest rise +6.2% on Jan 8. Adjusted for inflation, it lost 29.7%.
Gold Price, daily closes 1975
Numbers mark the events belowKey Events in 1975
What happened, and how the Gold moved — on the day (or the next trading day) and about a month later.
- 1
Thursday, January 2 From the dataBiggest one-day fall of the year: −6.2%.
- 2
Monday, January 6US Treasury auctions 2 million ounces of gold. SourceGold: −0.3% that day · +1.3% a month later
- 3
Wednesday, January 8 From the dataBiggest one-day rise of the year: +6.2%.
- 4
Monday, September 1 From the dataEnters a bear market: 20% below its peak of $195.25 (December 30, 1974).
Biggest days of 1975
| Best days | Worst days | ||
|---|---|---|---|
| Jan 8 | +6.2% | Jan 2 | −6.2% |
| May 22 | +3.7% | Sep 23 | −5.7% |
| Sep 24 | +3.1% | Oct 3 | −4.0% |
| Feb 14 | +3.0% | Sep 2 | −3.7% |
| Dec 22 | +2.4% | Jun 2 | −3.1% |
Volatility: 20.4% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | $175.80 | −5.7% |
| Feb | $181.75 | +3.4% |
| Mar | $177.25 | −2.5% |
| Apr | $167.00 | −5.8% |
| May | $167.00 | 0.0% |
| Jun | $166.25 | −0.4% |
| Jul | $166.70 | +0.3% |
| Aug | $159.80 | −4.1% |
| Sep | $141.25 | −11.6% |
| Oct | $142.90 | +1.2% |
| Nov | $138.15 | −3.3% |
| Dec | $140.25 | +1.5% |
Other Markets in 1975
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| Gold Price | −24.8% | $140.25 |
| Dow Jones Industrial Average in 1975 | +38.3% | 852.41 |
| S&P 500 in 1975 | +31.5% | 90.19 |
| Nasdaq Composite in 1975 | +29.8% | 77.62 |
| Silver in 1975 | −6.6% | $4.18 |
| US 10-year Treasury yield in 1975 | +0.36 pp | 7.76% |
Gold Price in 1975: FAQ
How much did the gold price fall in 1975?
The gold price fell 24.8% in 1975, from $186.50 at the end of 1974 to $140.25. Its highest close was $185.25 on Feb 24, and its lowest $128.75 on Sep 23. The biggest one-day fall was −6.2% on Jan 2 and the biggest rise +6.2% on Jan 8. Adjusted for inflation, it lost 29.7%.
What were the highest and lowest closes of the gold price in 1975?
Highest: $185.25 on February 24, 1975. Lowest: $128.75 on September 23, 1975. It closed higher on 108 of 252 trading days.
What happened to the gold price on January 6, 1975?
US Treasury auctions 2 million ounces of gold. The gold price fell 0.3% that day, and was +1.3% a month later.
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{corgano2026goldpricein1975, author = {{Corgano}}, title = {Gold Price in 1975}, howpublished = {\url{https://goldprice.corgano.com/market-history/gold/1975}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}