Gold Price in 1920

All prices on this page are nominal (i.e., they are not indexed to inflation). For full price history, click here.

In 1920, the price of gold was fixed by the U.S. government at $20.67 per ounce. These are official prices, not market prices.

See our gold returns calculator to compute the return on a gold investment over any time period, including inflation adjustment.


Gold Price Chart, 1920

This graph shows the price of 1 troy ounce of gold in USD for each month.

Gold Price in 1920 ($)

Gold Price Table, 1920 (Monthly)

This table shows the USD value of gold per troy ounce for each month.

YearMonth Gold Price ($) Change ($) Month-over-month (%)
19201220.6700
19201120.6700
19201020.6700
1920920.6700
1920820.6700
1920720.6700
1920620.6700
1920520.6700
1920420.6700
1920320.6700
1920220.6700
1920120.6700

Ian Webster

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

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