Gold Price in 1984
The gold price fell 19.4% in 1984, from $382.40 at the end of 1983 to $308.30. Its highest close was $405.85 on Mar 5, and its lowest $307.50 on Dec 20. The biggest one-day fall was −4.2% on Jul 9 and the biggest rise +3.1% on Aug 14. Adjusted for inflation, it lost 22.4%.
Gold Price, daily closes 1984
Numbers mark the events belowKey Events in 1984
What happened, and how the Gold moved — on the day (or the next trading day) and about a month later.
- 1
Wednesday, May 30Japan-US Yen-Dollar Committee report on Japanese financial liberalization is published. SourceGold: +0.2% that day · −4.2% a month later
- 2
Monday, July 9 From the dataBiggest one-day fall of the year: −4.2%.
- 3
Tuesday, August 14 From the dataBiggest one-day rise of the year: +3.1%.
- 4
Tuesday, November 6Ronald Reagan is re-elected US president. SourceGold: +1.1% that day · −3.1% a month later
Biggest days of 1984
| Best days | Worst days | ||
|---|---|---|---|
| Aug 14 | +3.1% | Jul 9 | −4.2% |
| Nov 2 | +2.8% | Jul 6 | −3.2% |
| Jun 1 | +2.5% | Jan 9 | −2.7% |
| May 25 | +2.3% | Jul 27 | −2.6% |
| Feb 15 | +1.9% | Jan 4 | −2.3% |
Volatility: 15.8% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | $373.75 | −2.3% |
| Feb | $394.25 | +5.5% |
| Mar | $388.50 | −1.5% |
| Apr | $375.80 | −3.3% |
| May | $384.25 | +2.2% |
| Jun | $373.05 | −2.9% |
| Jul | $342.35 | −8.2% |
| Aug | $348.25 | +1.7% |
| Sep | $343.75 | −1.3% |
| Oct | $333.50 | −3.0% |
| Nov | $329.00 | −1.3% |
| Dec | $308.30 | −6.3% |
Other Markets in 1984
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| Gold Price | −19.4% | $308.30 |
| Dow Jones Industrial Average in 1984 | −3.7% | 1,211.57 |
| S&P 500 in 1984 | +1.4% | 167.24 |
| Nasdaq Composite in 1984 | −11.3% | 247.10 |
| Nikkei 225 in 1984 | +16.7% | 11,543.00 |
| Silver in 1984 | −29.4% | $6.29 |
| US 10-year Treasury yield in 1984 | −0.27 pp | 11.55% |
Gold Price in 1984: FAQ
How much did the gold price fall in 1984?
The gold price fell 19.4% in 1984, from $382.40 at the end of 1983 to $308.30. Its highest close was $405.85 on Mar 5, and its lowest $307.50 on Dec 20. The biggest one-day fall was −4.2% on Jul 9 and the biggest rise +3.1% on Aug 14. Adjusted for inflation, it lost 22.4%.
What were the highest and lowest closes of the gold price in 1984?
Highest: $405.85 on March 5, 1984. Lowest: $307.50 on December 20, 1984. It closed higher on 110 of 253 trading days.
What happened to the gold price on November 6, 1984?
Ronald Reagan is re-elected US president. The gold price rose 1.1% that day, and was −3.1% 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{corgano2026goldpricein1984, author = {{Corgano}}, title = {Gold Price in 1984}, howpublished = {\url{https://goldprice.corgano.com/market-history/gold/1984}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}